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Google awards eye-goggling bonuses

Eric Schmidt, CEO of Google, speaks as Melinda Gates of the Gates Foundation listens as they sit on a panel during the opening plenary session of the sixth annual meeting of the Clinton Global Initiative on September 21, 2010 in New York. The Initiative brings together numerous current and former heads of state who make commitments to address global issues such as poverty, environment and social conditions. UPI /Monika Graff
Eric Schmidt, CEO of Google, speaks as Melinda Gates of the Gates Foundation listens as they sit on a panel during the opening plenary session of the sixth annual meeting of the Clinton Global Initiative on September 21, 2010 in New York. The Initiative brings together numerous current and former heads of state who make commitments to address global issues such as poverty, environment and social conditions. UPI /Monika Graff | License Photo

MOUNTAIN VIEW, Calif., March 12 (UPI) -- U.S. Internet giant Google said it paid its top executive handsome bonus checks for 2010 after earning $8.5 billion for the year.

In a regulatory filing with the Securities and Exchange Commission, Google said it handed Chief Business Officer Nikesh Arora a $2.7 million bonus and an equity award of $20 million, The Wall Street Journal reported Saturday.

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Chief Financial Officer Patric Pichette was given a $2.7 million bonus and $15 million in equity.

The firm gave $1.8 million to senior vice president Alan Eustace, who was also granted $10 million in equity stock. Senor vice president of production Jonathan Rosenberg was given $1.7 million plus an equity package worth $5 million.

As for the Alpha males at Google, former Chief Executive Officer Eric Schmidt was not given a bonus for the year, although he was given $100 million in stock when he retired in January, turning his CEO responsibilities over to co-founder Larry Page.

Schmidt is now the firm's executive chairman.

Page and co-founder Sergei Brin were not given bonuses, the Journal reported.

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