A lawsuit says Alphabet Chief Executive Larry Page awarded a $150-million stock grant to Android creator Andy Rubin before getting board approval.
A lawsuit says Alphabet Chief Executive Larry Page, shown, awarded a $150-million stock grant to Android creator Andy Rubin before getting board approval.
The new allegations shed light on Page’s power to compensate top executives and could add fuel to criticism that the company’s board isn’t strong enough to keep management accountable to shareholders. They could also pull Page deeper into the controversy around how Google has handled sexual harassment complaints, though it’s not clear if he knew about the investigation when he gave Rubin the equity.
“Nonetheless,” Renne said, “rather than just being terminated, they were terminated with hefty reimbursement and gifts.”in October 2018, and it sparked a firestorm of criticism from both inside and outside the company. Soon after, thousands of Google employees walked out to protest how the company handles sexual harassment complaints. Since then, Google has changed its policies, includingand shunting them into private arbitration.
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