omid kordestani
Omid Kordestani, the globe-trotting head of sales for Google, is moving to the U.K. with his family. But which family? Gisel Hiscock, his Google-employed lover, has been seen at his arm at parties recently. She
started a new London-based position working for Google in business development last month. Kordestani and his wife, Bita Daryabari, had long planned to move their children to Europe for a year or two, though lately they've been
on the rocks. So are she and the kids coming, too? He travels so much that it barely matters where he hangs his hat. But the logistics seem so complicated! There must be some secret Google Web-based app Kordestani is beta-testing that helps him track his personal life.
hubris
Shareholders will likely be relieved by Google's
standout performance in the first quarter. The stock, which had been sinking like a rock, will almost certainly rebound. And Google's self-satisfied executive team will congratulate themselves once again. Hubris, reinforced by the numbers, reigns at the Googleplex.
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jackpot
Shareholders watched Google shares plummet by nearly $300 since peaking last fall. Those investors will hardly be reassured by the cheery news
in Google's newly released annual report and proxy statement. The company did earn $13.29 a share, and Valley job-seekers also benefitted: The company added over 6,000 full time employees to its payroll last year. But who's raking in the cash? Not founders Larry Page or Sergey Brin, who only receive equity as income. CEO Eric Schmidt took home a salary of $480,000, slightly less than last year. CFO George Reyes — whom the company is actively trying to oust from his comfortable perch— took home millions in salary and stock last year, as did senior vice presidents Jonathan Rosenberg, Omid Kordestani and Alan Eustace. Here's how they scored:
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exits
Why did Sheryl Sandberg leave Google to become Facebook's COO? Let's be real: Even if Facebook one day grows into its $15 billion valuation, it's unlikely to unseat the world's dominant player in online advertising. Sandberg had a great gig running AdWords, the engine of Google's profit. Her job had only two drawbacks: sales chief
Omid Kordestani and
Shona Brown, head of business operations. Sandberg disliked those two executives enough to be open to Facebook's approach. Mark Zuckerberg, a suggestion on how to spend a very small part of Microsoft's $240 million: Send Kordestani and Brown thank-you gifts.
omid kordestani
Yahoo president Sue Decker isn't the only Valley executive with a
troubled marriage. Commenters are still talking about
our report three weeks ago that Google sales chief Omid Kordestani's relationship with his wife, Bita Daryabari, was on the rocks. Rumors are flying: One commenter says Gisel Hiscock, the New York-based Google finance executive with whom Kordestani's been carrying on an affair, is moving to Mountain View to be closer to Kordestani. Others contend that Kordestani and Daryabari are reconciling, and that he hasn't even moved out. My question: Why are so many people outside this marriage emotionally invested in it? Kordestani is hailed as a hero inside the Googleplex for building Google's multibillion-dollar advertising business from scratch. Daryabari is active in
politics and
philanthropy. Still, that doesn't seem to explain the obsessive level of interest in this heretofore obscure couple.
jackpot
If the typical Googler hired in 2003 exercised all of his options and held onto the shares, they would now be worth almost $8 million, writes Wendy Tanaka in a
Forbes article on
stinking-rich Googlionaires, ex-Google employees who were at the right place at the right time. And those Googlers worth $8 million? The regular, workaday ones. Add a few zeros behind that number to get to executive-level compensation. Sergey and Larry have sold more than $2 billion worth of stock. Sales head Omid Kordestani and CEO Eric Schmidt both have more than $1 billion in the bank from their Google stock sales, which should leave them enough cash to use for their
extracurricular activities. And what do rank-and-file Googlers do with their extra spending money?
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breakups
Affairs of the heart are never easy for outsiders to understand. But when they stray into the office, they, alas, become everyone's business. Which is why we asked, a while back, which Googler had put his marriage at risk over an affair with a coworker. As commenter notelling
correctly guessed after we ran a blind item, it's Omid Kordestani, Google's top sales executive. Kordestani's no mere sales guy, however. For one, he's
worth $2.2 billion, thanks to his Google shares. And inside the Googleplex, he's referred to as the company's "business founder," responsible for the fabulously successful money machine that is AdWords. With his stunningly beautiful and intelligent wife, Bita, shown above to the left, Kordestani might seem to have it all. But all was not enough.
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