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Google CFO's $70M Pay Package

Ruth Porat received a more than $70 million cash and stock deal from Google for transitioning from Wall Street to Silicon Valley. The SEC filing reports that her annual salary will be $650, rather than the $1 million made at Morgan Stanley, but she will receive a $5 million cash signing bonus after spending one year at Google and a special $25 million stock grant that she will receive incrementally during the next two years. Then there is a $40 million stock grant that she will receive every other year.

Read the whole story at CNN Money »

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