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 and Exchange Commission. Since the 1990s, CEO compensation in the U.S. has outpaced corporate profits, economic growth and the average compensation of all workers. Between 1980 and 2004, Mutual Fund founder John Bogle estimates total CEO compensation grew 8.5 percent/year compared to corporate profit growth of 2.9 percent/year and per capita income growth of 3.1 percent. By 2006 CEOs made 400 times more than average workers—a gap 20 times bigger than it was in 1965. As a general rule, the larger the corporation the larger the CEO compensation package. The share of corporate income devoted to compensating the five highest-paid