San Francisco, April 5, 2007 - Three top executives of Google Inc. got a  token 2006 salary of $1 (51 pence) each for the third year running, and bonuses of $1,723 a piece, as per  company's annual proxy filed this week.

The pay-package belies the wealth of co-founders Larry Page and Sergey Brin and Chief Executive Eric Schmidt, who together own two-thirds of the voting stock of Google, which has a market capitalization of nearly $150 billion as per Reuters.

In the filing with the U.S. Securities and Exchange Commission, the Web search leader said Schmidt received further compensation for $532,755 for personal security. The report did not detail the nature of the security costs. Another $22,456 went to offset taxes on aircraft chartered for Schmidt for Google business where family or friends flew along, it said.

Page received other compensation of $33,195 for transportation, logistics and personal security during personal travel and $3,600 for personal travel using rental vehicles.

The three had requested during the second quarter of 2004 -- in the run up to Google's initial public offering -- that the company cut their salaries to $1. The spectacular success of Google's IPO turned each of them into billionaires.

Previously, both Brin and Page had been paid a salary of $150,000 a year while Schmidt received $250,000 in salary.

Page held Google shares worth $29.2 billion, or 28.2 percent of the voting share of the company. Brin owned Google shares worth $28.6 billion, or 27.7 of voting shares.

 http://business.scotsman.com/latest.cfm?id=525172007