Wednesday, April 20, 2011

Google Inc. (NASDAQ:GOOG) Ex-CEO Still Earning Big

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Google Inc. (NASDAQ:GOOG) has reported that former CEO Eric Schmidt will earn $1.25 million per year. Google Inc. (NASDAQ:GOOG) Ex-CEO Still Earning Big Eric Schmidt, the former Google CEO who stepped down from the position this month, will be earning a salary of $1.25 million per year in his new role, the executive chairman of the company. It was also reported that Mr. Schmidt will be able to earn up to $6 million this year through bonus payments. Larry Page, the co-founder of Google Inc. (NASDAQ:GOOG), is the new CEO of the search major. Google Inc. (NASDAQ:GOOG) shares were at 521.53 at the end of the last day’s trading. There’s been a -15.6% change in the stock price over the past 3 months. Google Inc. (NASDAQ:GOOG) Analyst Advice Consensus Opinion: Moderate Buy Mean recommendation: 1.28 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.27 Zack’s Rank: 9 out of 29 in the industry



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