Friday, April 24, 2015

Google paid its new chief business officer $130 million to come off the bench last year

Last summer, Google announced that long-time chief business officer Nikesh Arora would step down. He was replaced by Omid Kordestani, a widely beloved Google exec from the company's early days. Google paid Kordestani almost $130 million last year, making him the company's highest-paid exec, according to the company's 2014 proxy statement, released today. The bulk of the payment came in the form of $123 million in stock grants, including a "sign-on grant" of more than 117,000 shares, worth about...-> read more
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