Google, the gargantuan search engine company, has approved a $100 million equity award to Eric Schmidt who was serving as CEO till date. Eric Schmidt has been replaced by Larry Page who takes over in April, and he will be the executive chairman on the board of directors for Google. With this type of money, he can pretty much do anything he wants including buying an airplane and many more expensive toys. The Google employees are paid pretty well so this is really not that big of deal since many other CEOs are paid far too much.
Cashing Out
Eric Schmidt may have received the award but in order to claim it he has to work with Google for the next four years; although he has the option of working in non-competing jobs like being a TV show host. Eric Schmidt will not be allowed to work with any of Google’s competitors if he plans to claim this award. It was said that Eric Schmidt plans to cash out his $300 million dollars worth of shares.
It Never Stops
Google is by far the leading search engine on the web, but the company has faced similar situations just like any other company has faced. It has been said that SEO optimization for Google is the best thing to do and the company that manages this can improve their business. But, SEO optimization for Google is not that easy and websites have to be constantly blasting through with innovative techniques and updates to stay on top of the page ranks and search results. Although, Google is a spectacular company, some smaller search engines have proved to be useful as well and websites have to perform SEO optimization for those search engines at the same time.
