Sundar Pichai Promised $242 Million Over Three Years By Google
Sundar Pichai would take a salary of $2 million annually starting 2020. This is the first salary hike for Sundar Pichai after assuming the role of CEO in Alphabet Inc. He will also receive a whopping $240 million in performance-based stock awards over a time of three years.
Sundar Pichai grants
He’s behind Tim Cook in terms of grants related to CEO. Tim took $376 million as Apple’s CEO according to Equilar, a firm that tracks executive compensations.But Larry Page was taking a salary of $1 as the CEO of Alphabet Inc before stepping down.
Sunder Pichai’s journey to Google
Sundar Pichai became CEO of Google after serving the organization for 15 years. In 2015, his annual salary was $652.500 but his increased the following year due to a massive $199 million in stock awards. He was highest paid Alphabet executive at that time.
Credited for making the Google Chrome browser a success, Sundar Pichai was once considered the potential successor to Microsoft Corp CEO Steve Ballmer before Satya Nadella was instated in February 2014.
Google recently revealed in a statement that Pichai earned nearly $1.9 million in 2018 but most of the cost includes is about his security and use of private airplane. His base salary was $650.000.
Sunder Pichai’s future in Google
He has become the public face of Google at a time when the company is passing through a difficult phase. In addition to the criticism of US Lawmakers, Google is facing wrath of its employees on issues like privacy and monopoly.