Google is giving four of its top execs a significant pay bump, raising their salaries from $650,000 to $1 million, just weeks after the company told staffers it wouldn’t automatically adjust salaries to account for inflation. The new executive salaries were disclosed in an SEC filing.
The executives receiving the $1 million base salaries are chief financial officer Ruth Porat, senior vice president Prabhakar Raghavan (who is in charge of Google search); senior vice president and chief business officer Philipp Schindler; and president of global affairs and chief legal officer Kent Walker. All four executives are eligible to “participate in a maximum $2,000,000 annual bonus program, based on contributions to Google’s performance against social and environmental goals for 2022,” according to the filing. Each person has also been granted stock awards with target values in the millions of dollars.--
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