Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Outgoing Google Executive Gets To Keep An $8 Million Bonus Even Though His Contract Said He Would Have To Give It Up

Jillian D'OnfroJul 18, 2014, 18:41 IST

Miguel Villagran / Getty Nikesh Arora

Google announced in its second quarter earnings that its chief business officer, Nikesh Arora, is leaving the company to join SoftBank as the CEO of its Internet and Media division.

Arora, the company's chief business officer since 2011, became Google's highest paid executive in 2012. His $51 million compensation package included an $8 million cash bonus that he would have to return if he left the company before April 2015.

Turns out, Google decided to let him keep the money even though he's leaving early.

Here's the snippet from the 2012 SEC filing saying he'd have to return it:

And here's the key line from the 2014 filing:

It's good to be Nikesh Arora!