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 Dennis Graham) found "an extremely high correlation" between CEO pay and stock market prices between 1973 and 2003, while a more recent study by the liberal Economic Policy Institute found nominal CEO compensation growth (725 percent) "substantially greater than stock market growth" from 1978 to 2011. According to Fortune magazine, the unleashing of pay for professional athletes with free agency in the late 1970s ignited the jealousy of CEOs. As business "became glamorized in the 1980s, CEOs realized that being famous was more fun than being invisible". Appearing "near the top of published CEO pay rankings" became a "badge of