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Eric Schmidt Gets $1.25M Raise
Now that he is no longer CEO of Google, Eric Schmidt got bumped up from the $1 a year salary to $1.24 million. Not bad for getting demoted. 
As CEO, Schmidt had a salary of $1 per year -- a popular figure for CEOs -- but now, according to a SEC filing from Google, he will be getting $1.25 million per year, with the possibility of a target bonus of 400% his base salary.