US EditionGoogle Gives CEO New Pay Deal Worth up to $692 Million
Pichai’s pay package links $350 million to Waymo and Wing’s growth, reflecting Alphabet’s shift to treating these units as scalable businesses.
- In a Friday SEC filing, Alphabet CEO Sundar Pichai was awarded a three-year performance-based equity package worth up to $692M.
- The compensation committee tied rewards to corporate priorities, aiming to push development of Alphabet's later-stage Other Bets, the filing says.
- The package includes Waymo- and Wing-linked equity awards worth up to $260 million and $90 million, plus PSUs of $252 million and an $84 million time-based grant.
- The deal could make Sundar Pichai one of the highest-paid CEOs, and dismissal would cause forfeiture of unexercisable stock options, the filing says.
- For the first time, CEO pay includes awards tied to subsidiary per-unit valuations; Waymo has driven over 200 million autonomous miles and Wing plans expansion to more than 270 Walmart stores.
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Sundar Pichai, CEO of Google and its control company, Alphabet, can earn up to US$ 692 million (about $3.55 billion) in the next three years, according to a new payout plan published on the sixth-day by the United States Mobile Values Commission (SEC). The agreement becomes the Indian-American entrepreneur, who has been Google Executive Director and Alphabet since 2019, one of the world's best paid CEOs. See: Mega-Sena was awarded R$ 50 million …
Google CEO Sundar Pichai’s Pay Package Raised to USD 692 Million Over Next 3 Years: Report | 📲 LatestLY
Google, a wholly-owned subsidiary of Alphabet, has raised CEO Sundar Pichai’s total potential compensation to $692 million over the next three years, making him one of the highest-paid executives globally, the Financial Times reported on Saturday. 📲 Google CEO Sundar Pichai’s Pay Package Raised to USD 692 Million Over Next 3 Years: Report.
Alphabet announces CEO Sundar Pichai’s $692 million package, turning him into one of the richest tech leaders while heading Google AI
Tech News News: Executive pay in the technology industry often attracts attention, especially when the numbers reach hundreds of millions of dollars. Recently, Alphab.
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If he succeeds in obtaining this sum, Sundar Pichai will become one of the best paid bosses in the world even if Elon Musk seems untouchable.
Alphabet CEO could earn up to $692M under a new equity package that's linked to Waymo for the first time
Alphabet CEO Sundar Pichai's new comp package comes with equity tied to Waymo's and Wing's performanceJustin Sullivan/Getty ImagesAlphabet CEO Sundar Pichai will get a new performance-based equity pay package worth up to $692M.The new package ties Pichai's compensation partly to the financial performance of Waymo and Wing.Waymo has expanded to 10 markets, marking significant growth for Alphabet's autonomous service.Alphabet's chief executive jus…
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