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 are part of the corporate team whose leader is the CEO. When "some directors cannot in good faith continue to support a CEO who has the support of the rest of the board", they are not recognized or even tolerated as gadflies, but "expected to step down". Authors Bebchuk and Fried postulate that the "agency" problem or "agency cost", of executives power over directors, has reached the point of giving executives the power to control their own pay and incentives. What "places constraints on executive compensation" is not the marketplace for executive talent and hard-headed calculation of compensation costs and