Google exec receiving $50k annually, stock for being on EA board
Google exec Jeff Huber will receive a reasonable $50k annually, plus stock, for serving on the board of EA, reports GI.biz. With the money, Huber will finally be able to afford ... hold up. The dude is SVP of Engineering for Google's ad system and apps -- he's already got plenty of money.
Anyway, beyond Huber making paper airplanes out of EA's retainer, he was issued 2500 shares of restricted stock, along with the option to purchase 17,500 shares at $19.46 (closing price on May 7, the day he started), and all of this will vest over the next four years.
Fun fact: EA increased its board size from nine members to ten to accommodate Huber's appointment. Not that it means anything.
