New CFO to earn $70 million

Ruth Porat, Google’s new CFO seems to be the world’s most sought after exec following the amount of money Google is willing to spend on her.

An insider close to the deal said “Google has agreed to pay Porat, its new CFO, about $70 million in total compensation, according to an SEC filing on Thursday. That includes a $5 million signing bonus, a $25 million new hire grant that begins vesting at the end of this year and a $40 million biennial grant beginning in 2016.

She has also been offered an undisclosed amount to relocate to Google's Mountain View headquarters.

Ruth Porat,who was formerly the CFO at Morgan Stanley was nick named “the tireless worker.” Sources at Morgan Stanley said that her departure will be felt. “She made tremendous impact in our company and it will be sad to let her go” a top executive at Morgan Stanley said.

Google announced earlier this week that it is hiring Ruth Porat from Morgan Stanley. She replaces Patrick Pichette, a longtime Google executive, who retired recently.