Wednesday, April 20, 2011

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

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 days
trading. Theres 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 Zacks
Rank: 9 out of 29 in the industry

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