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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