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IN BRIEF / INTERNET

Google's Brin, Page, Schmidt Get $1 Salary

April 01, 2006|From Bloomberg News

Google Inc.'s top three executives each received $1 in salary last year, and sales chief Omid Kordestani exercised stock options worth $287.9 million.

Co-founders Sergey Brin and Larry Page and Chief Executive Eric Schmidt each received a $1 salary, the Mountain View, Calif., firm said in a Securities and Exchange Commission filing.

Kordestani received $1.02 million in compensation last year, including a $175,000 salary and a $837,956 bonus, the filing said.

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