Google doles out $8.9 mn in bonuses to four top executives

Appreciating their good showing, Google has awarded bonuses worth $8.9 million for its four top executives.

Apart from the bonuses, these executives have also received equity awards worth $50 million.

Bonuses have been given to Chief Business Officer Nikesh Arora, Chief Financial Officer Patrick Pichette, Senior Vice President (Engineering & Research) Alan Eustace, Senior Vice President (Product Management) Jonathan J Rosenberg.

Arora and Pichette, who are also Senior Vice Presidents, have each received bonus of $2.7 million, Google said in a recent regulatory filing.

Equity award worth $20 million has been given to Arora while that for Pichette was $15 million.

As per the filing, Eustace received $1.8 million bonus as well as equity award of $10 million. Rosenberg got a bonus of $1.7 million apart from equity to the tune of $5 million.

In 2010, Google's profit had surged to $8.51 billion on revenues of $29.32 billion.

However, Google's Chairman and Chief Executive Officer Eric Schmidt and President (Technology) Sergey Brin did not receive any bonuses or equity awards.

Schimdt was awarded stock and stock options worth $100 million in January. He would become Executive Chairman from April 4, when Google co-founder Larry Page would take charge of day-to-day operations as CEO.