Google Gives $100 Million Award to Outgoing CEO

Should have said he was going to Facebook, they'd have given him a billion.

Non-trimmed article links:<p><a href="http://www.bloomberg.com/news/2011-01-21/google-said-to-grant-100-million-in-equity-to-eric-schmidt.html" rel="nofollow">http://www.bloomberg.com/news/2011-01-21/google-said-to-gran...</a><p><a href="http://latimesblogs.latimes.com/technology/2011/01/google-eric-schmidt-equity.html" rel="nofollow">http://latimesblogs.latimes.com/technology/2011/01/google-er...</a>

Keep in mind Eric has been taking a $1/year salary since joining Google. Not that he has suffered financially at all due to his equity holding in the company, but I doubt anyone would argue this is well deserved.

Isn't he a billionaire from Google stock?! Seems like exec compensation has no logic...