After ceded the CEO position at Google, Larry Page, Eric Schmidt not only change work positions in Google, but also changed the amount received, from 1 USD to ... 1.25 million for each year work.
While he held the position of chief executive officer (CEO) at Google, Eric Schmidt received salaries only "symbolic" $ 1 a year.
However, after cede this position to the co-founder of Google, Larry Page, Eric Schmidt worked as an executive chairman, responsible for developing professional relationships of Google, Eric Schmidt's salary was increased to 1.25 million per year.
In addition, Schmidt also have the opportunity to receive bonuses equal to 400% of current salary, depending on performance. Thus, if working effectively, Eric Schmidt be able to "pocket" $ 6 million in one year.
Schmidt's new wage applies from the date of 4 / 4, when Larry Page official position "steered" Google and Schmidt also started receiving new positions.
Google's move is regarded as an act to repay what Eric Schmidt, Google has done to become "titans" like today when he was at the "Captain. " Earlier this year, Google Eric Schmidt was also awarded $ 100 million as the company's shares.
According to the Forbes list, the total asset value of Eric Schmidt estimated $ 7 billion, ranked No. 136 in the list of the richest people in the world.
Salary is $ 1 salary represents the CEOs of technology companies generally receive. Steve Jobs, Apple's CEO is also currently receiving this salary.
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