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Google's Omid Kordestani Get $1.02 million
salary
11.4.2006
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April 2, 2006, - Google Inc.'s top three
executives each received $1 in salary last year, and
sales chief Omid Kordestani exercised stock options
worth $287.9 million.
Co-founders Sergey Brin and Larry Page and Chief
Executive Eric Schmidt each received a $1 salary,
the Mountain View, Calif., firm said in a Securities
and Exchange Commission filing.
Kordestani received $1.02 million in compensation
last year, including a $175,000 salary and a
$837,956 bonus, the filing said.
About Kordestani:
Omid Kordestani, a Successful Kurd at Google,
Incorporated
Google's senior Vice President, Global Sales &
Business Development
Omid Kordestani is the Senior Vice President of
Global Sales and Business Development. He is
directly responsible for Google's worldwide revenue
generation efforts as well as the day-to-day
operations of the company’s sales organization. He
joined in May 1999 as Google's "business founder,"
leading the development and implementation of the
company’s initial business model. Since then he has
brought Google to profitability in record time,
generating more than $6 billion in revenue in 2005. |

Omid Kordestani, Google's Senior Vice President,
Global Sales & Business Development
Photo: Google.com |
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Omid has more than 20 years of high technology
consumer and enterprise experience, holding key
positions at several startups, including Internet
pioneer Netscape Communications. As vice president
of Business Development and Sales, he grew
Netscape's online revenue from an annual run-rate of
$88 million to more than $200 million in 18 months.
Prior to Netscape, he held positions in marketing,
product management, and business development at The
3DO Company, Go Corporation, and Hewlett-Packard
Omid received an MBA from the Stanford Graduate
School of Business in 1991 and a Bachelor of Science
degree in electrical engineering from San Jose State
University in 1984.
http://www.google.com/corporate/execs.html#omid
Time, Everyone knows Google is the Web's best
search engine. Type in a keyword, and you're there.
Google delivers more than 200 million results daily,
thanks to its hyperaccurate algorithms. But there's
no such thing as a free search; behind that
text-only interface is a serious business edging
toward what Wall Street hopes will be a new tech
mega-IPO. Omid Kordestani, Google's senior vice
president of worldwide sales and field operations,
is fast turning the privately held company into a
maniacally profitable outfit. His efforts have
transformed the world's top search destination into
online advertising's hottest property — scoring more
than 100,000 advertisers in just 18 months. Revenues
from paid searches could fetch Google $1 billion by
year's end, analysts estimate.
When Kordestani, 40, joined Google from Netscape
four years ago, search engines were a hard sell. But
he avoided pushy pop-up ads and intrusive banners
and began to sell paid listings. It's a simple yet
effective method, perfected by rival Overture.
Sponsors pay for the rights to keywords: when a user
enters a keyword, a related sponsored ad appears
alongside the search results. Despite the success of
the model, Google insists it's not money obsessed.
Kordestani once walked away from a
multimillion-dollar deal because he didn't see a
smooth fit with the customer. "At Google, a lot of
times we actually turn away revenue because we only
want quality, repeatable revenue, not just a
customer for a quarter," he says.
Among co-workers, he's known as the king of instant
messaging. Of the hundreds of employees Kordestani
oversees globally, he personally reviews each hire,
making sure it passes his airport test: "If I'm
stuck in an airport with one of these employees, I
want to enjoy my time and have an intelligent
conversation."
Miraculously, he's forged an ad strategy that
appeals to his bosses, online advertisers and Web
purists who love Google's noncommercial look and
feel. Ten straight quarters of profitability isn't
bad either.
From the Jul. 28, 2003 issue of TIME magazine
More about Omid Kordestani at wikipedia
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