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Google to Pay New CFO Ruth Porat More Than $70 Million

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Is Ruth Porat Going to `Blue Chipize’ Google?

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Google Inc. agreed to pay new Chief Financial Officer Ruth Porat more than $70 million after she takes the post in May, putting her among the highest-paid CFOs in the industry.

Porat, who held the same role at Morgan Stanley, will get a $5 million one-time signing bonus and a $25 million stock grant this year that will vest through 2017, the Mountain View, California-based technology company said in a regulatory filing Thursday. She will also receive a $40 million biennial stock grant in 2016 that will vest by 2019 and a base salary of $650,000 annually.