tax gross-up

Google CEO Eric Schmidt’s Friends and Family Fly for Free, Frequently

Peter Kafka in Media on March 24, 2009 at 3:07 pm PT

Google’s new 2008 proxy statement looks a lot like Google’s proxy statements from previous years: It tells us that the company’s top executives received nice bonuses, though slightly smaller than last year’s. And Google’s ruling troika–CEO Eric Schmidt and co-founders Sergey Brin and Larry Page–all took home salaries of $1. One smallish change: Eric Schmidt’s friends and families spent a lot more time with him on the company jet last year.