Four of Google's top executives each received 2008 bonuses of more than $1.2 million, according to a Securities and Exchange Commission filing Tuesday.
Following company tradition,
Google did not pay bonuses to Google CEO Eric Schmidt or co-founders Larry Page and Sergey Brin.
Jonathan Rosenberg, who oversees Google's products, received the largest bonus at $1.64
million--a 3% decrease from 2007's award of $1.68 million. Omid Kordestani, Google's top sales executive, and Alan Eustace, who oversees the company's engineers, each got bonuses of $1.38
million--down 18% from $1.68 million in 2007. The documents did not detail why the bonuses paid to Kordestani and Eustace were lowered more than Rosenberg's.
Google gave a $1.24 million bonus to
Chief Financial Officer Patrick Pichette for his contributions after joining the company in August. George Reyes, Google's CFO before Pichette, received a 2008 bonus of $675,000--down from $1.68
million in 2007 when he was with the company the entire year.
Google's top executives are eligible for annual bonuses of up to $6 million apiece. Disclosures about salaries and stock
compensation are expected within the next few weeks when Google files its proxy statement.