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Here’s how much Google pays to make sure Eric Schmidt sticks around

06
Feb
2014

Google’s former CEO and current chairman is a precious asset for the company and it shows, with Eric Schmidt now getting paid “a lot more than he did when he was running the Internet company,” Associated Press writes. According to a new document filed with the U.S. Securities and Exchange Commission (SEC), Google is rewarding the exec with $100 million in restricted stock, on top of a $6 million cash bonus received last year. This is the second time the exec is receiving a $100 million restricted stock bonus in the three years since he has been replaced at Google’s helm by Larry Page, one of the company’s co-founders. The first batch of restricted stock was awarded to Schmidt soon

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