New Google CFO Ruth Porat to Get $70M Pay Package

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Ruth Porat, who will be taking over as Google’s (NASDAQ:GOOG,NASDAQ:GOOGL) new CFO, will get a $70-million pay package for switching to the tech company.

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Ruth Porat’s pay package will be made up of restricted stock and bonuses. After serving as the Google CFO for seven months, she could earns as much as $30 million. This is quite an increase over the $10.1 million she made as Morgan Stanley’s (NYSE:MS) CFO in 2013, reports The Wall Street Journal.

Ruth Porat will receive a $5 million sign-on bonus for switching to Google. She also has an annual salary set at $650,000 a year. She will officially start her role as Google CFO on May 26, WSJ notes.

New Google CFO Ruth Porat has also served as the head banker for Amazon (NASDAQ:AMZN), Priceline(NASDAQ:PCLN) and Netscape.

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