SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported)
April 13, 2011
(Exact name of registrant as specified in its charter)
(State or other jurisdiction
1600 Amphitheatre Parkway
Mountain View, CA 94043
(Address of principal executive offices, including zip code)
(Registrants telephone number, including area code)
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
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Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On April 13, 2011, in connection with the management changes that Google Inc. (Google) announced on January 20, 2011, the members of the Leadership Development and Compensation Committee of Googles Board of Directors approved annual cash compensation for Eric E. Schmidt, Googles Executive Chairman of the Board of Directors. Effective as of April 4, 2011, Eric will receive an annual base salary of $1.25 million and a target bonus of 400% of his base salary. Erics actual bonus payment for 2011 can range from zero to a maximum of $6.0 million.
In addition, effective as of April 13, 2011, and in connection with a management reorganization, Alan Eustace, Googles Senior Vice President, Engineering & Research, became Googles Senior Vice President, Knowledge, and Shona L. Brown, Googles Senior Vice President, Business Operations, became Googles Senior Vice President, Google.org. Alan and Shona were among Googles named executive officers as of December 31, 2010, but will not have executive officer responsibilities in their new positions.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
|Date: April 19, 2011|| |
/s/ Kent Walker
|Senior Vice President and General Counsel|