Wendy Schmidt Wendy Schmidt Wendy Schmidt (born Wendy Susan Boyle; 1955) is an American businesswoman and philanthropist. She is the wife of Eric Schmidt, the former Executive Chairman of Google, whom she met in graduate school at the University of California, Berkeley. She is the president of the Schmidt Family Foundation. She was born in 1955 in Orange, New Jersey. Her parents owned an interior design firm, Boyle Design Associates. She graduated from Smith College in 1977 and attended graduate school at the University of California at Berkeley. While there, she met Eric Schmidt, then a doctoral student in computer science, and
Executive compensation in the United States Former SEC Chairman, William H. Donaldson, called executive compensation "and how it is determined ... One of the great, as-yet-unsolved problems in the country today." One factor that does "not" explain CEO pay growth is CEO productivity growth if the productivity is measured by earnings performance. Measuring average pay of CEOs from 1980 to 2004, Vanguard mutual fund founder John Bogle found it grew almost three times as fast as the corporations the CEOs ran—8.5 percent/year compared to 2.9 percent/year. Whether CEO pay has followed the stock market more closely is disputed. One calculation by one executive compensation consultant (Michael