Google Board

[David Farber <dave () farber net>]

SAN FRANCISCO  AP -- When Princeton University's president, Shirley  
Tilghman, joined Google Inc.'s board of directors this month she also  
joined the company's seemingly endless parade of wealth.

Instead of cash, the online search engine leader is paying Tilghman  
as it does all its other directors -- with a bushel of prized stock  
that eventually could turn her Google duties into a better-paying gig  
than her job running an Ivy League school.

...Tilghman, a molecular biologist, received a $485,000 salary during  
Princeton's 2002-03 school year, according to the most recent  
available information from Guidestar.org, which tracks tax returns  
filed by nonprofits such as the university.

The median compensation package for directors at companies in the  
Standard & Poor's 500 was $139,060 during the fiscal year ending in  
May 2005, according to Equilar Inc., a San Mateo, Calif., firm  
specializing in compensation issues.

...If Tilghman gets lucky, she may get as rich as another Google  
director from academia, Stanford University President John  
Hennessey.  When Google appointed Hennessey to the board 18 months  
ago, he received 65,000 stock options now worth about $18 million.

Tilghman is the first woman on Google's board, joining Hennessey and  
eight other wealthy men whose duties include attending most board  
meetings -- 15 last year.

-------------------------------------
You are subscribed as lists-ip () insecure org
To manage your subscription, go to
 http://v2.listbox.com/member/?listname=ip

Archives at: http://www.interesting-people.org/archives/interesting-people/