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Google’s top execs get $6 million in bonuses

By Carol Eisenberg

March 4, 2009 at 10:30am

Google engineers may have gotten smartphones rather than cash bonuses last year, but not so the company’s top executives.

Jonathan Rosenberg, who oversees Google’s products, received the largest bonus at $1.64 million, a 3-percent decrease from 2007, according to an SEC filing made public yesterday.

Omid Kordestani, Google’s top sales executive, and Robert Eustace, who oversees engineers, each got $1.38 million - down 18 percent from 2007.

Patrick Pichette, who joined the company as chief financial officer last August, got $1.24 million for his efforts at cost-cutting.

George Reyes, Google’s CFO before Pichette, received a 2008 bonus of $675,000, down from $1.68 million in 2007 when he was there the entire year.

Following company tradition, the Mountain View, CA company didn’t pay bonuses to chief executive Eric Schmidt or to co-founders Larry Page and Sergey Brin. Those three men are all billionaires, thanks to their large stock holdings.

The Internet search leader eked out only a 1-percent profit growth in 2008, compared to 37 percent in 2007, as the weakening economy ate into online advertising revenues.

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