w1.3 - According to my research Eric Schmidt, CEO of Google...

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According to my research Eric Schmidt, CEO of Google in 2008, earned a base salary of just $1, and other compensation of $508,763. On the side of Pfizer according to research Jeffrey B. Kindler, CEO of Pfizer in 2008, earned a total compensation of $14,788,302, which included a base salary of $1,575,000, a cash bonus of $3,000,000, stocks granted of $7,553,015, and options granted of $2,222,026. Every company has their different rules and policies for the CEO compensation. I think the main reason of difference between the salaries of the both CEO was high values of stocks. Google CEO has his stock in the company and stock value goes up then he will make good money. If CEO takes bad decision then the amount of wealth that can be lost. When company appoint a CEO then company expect Company reaches to high position or to maximize shareholders. But it does not mean that if CEO fail to do that then he receive less compensation. According to Forbes magazine counted the 500 CEOs compensation to $3.3
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This note was uploaded on 07/26/2010 for the course MBA MBA 5002 taught by Professor Drhahn during the Spring '10 term at South Georgia College.

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w1.3 - According to my research Eric Schmidt, CEO of Google...

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