Google’s big three stick with $1 salaries

first_img 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! MOUNTAIN VIEW, Calif. – The three billionaires who run online search leader Google Inc. will settle for a $1 salary again this year while four other top executives will receive raises of $200,000 apiece, according to documents filed Monday. It marks the third consecutive year that Google Chief Executive Eric Schmidt and co-founders Larry Page and Sergey Brin have limited their salaries to $1. It’s a sacrifice that they can afford because they have gotten rich off their large stakes in Google, whose stock price has more than quintupled from its initial offering price of $85 in August 2004. Page and Brin are each worth about $14 billion while Schmidt’s fortune stands at $5 billion, according to Forbes magazine’s annual ranking of the nation’s wealthiest people. The salaries of four other Google executives are climbing from $250,000 in 2006 to $450,000 this year. They are: Robert Eustace, senior vice president of engineering and research; Omid Kordestani, senior vice president of global sales and business development; Jonathan Rosenberg, senior vice president of product management; and George Reyes, the company’s chief financial officer. last_img read more


first_imgSinn Féin candidate Albert Doherty has been elected in the Inishowen Electoral area, following the seventh count this evening. McDermott, Martin F.F. 0 1,600 Elected 0 0 0Doherty, Albert S.F. 125 1,636 Elected 36 0 0Murray, Jack S.F. 9 1,591 0 9 0Crossan, Nicholas Non-P. 65 1,506 0 94 0McGuinness, Bernard F.G. 148 1,488 0 112 0Canning, Paul F.F. 16 1,422 0 178 0Donaghey, Rena F.F. 38 1,406 0 194 0Farren, Martin LAB. 20 1,219 0 381 0Ryan, John F.G. 21 1,176 0 424 0McLaughlin, Ciaran S.F. 19 1,093 0 507 0Doherty, Mickey F.G. 46 800 0 800 0Murphy, Joe P.B.P.A. 47 785 0 815 0McCarroll, Patrick Non-P. -671 0 Excluded 0 0 0McCauley, Mary F.F. 0 0 Excluded 0 0 0McLaughlin, Peter F.G. 0 0 Excluded 0 0 0Stewart, Ryan Non-P. 0 0 Excluded 0 0 40Haden, Eilís D.D.I. 0 0 Excluded 0 0 0Ferguson, Paul Non-P. 0 0 Excluded 0 0 307ELECTED (INISHOWEN EA) ALBERT DOHERTY (SF) was last modified: May 25th, 2014 by John2Share this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:newsPoliticslast_img read more