Alphabet CEO Sundar Pichai's 2019 compensation worth $281 million
NEW YORK: Alphabet Inc said in a regulatory filing that chief executive officer Sundar Pichai was awarded $281 million in compensation last year, making him one of the world's highest-paid executives.
The vast majority of the package is stock awards, some of which will be paid out depending on Alphabet's stock return relative to other companies in the S&P 100 index. That means his haul can become significantly smaller, or much bigger. Pichai's annual salary was $650,000 in 2019, according to a proxy statement filed with regulators on Friday. The company has said that will rise to $2 million this year.
The CEO's compensation is 1,085 times the median total pay of Alphabet employees, the company also said in the filing.
Pichai took over as CEO of Alphabet from Larry Page at the end of last year as Page and co-founder Sergey Brin stepped away from the company. Now, the 47-year-old executive will have to navigate Alphabet through the coronavirus crisis and economic recession. Pichai has already cut back significantly on hiring and investment plans for the year.
This year, Alphabet's board changed the companies it compares itself to when it decides how to determine compensation. It added Netflix Inc, Comcast Corp and Salesforce.com Inc, while removing HP Inc and Qualcomm Inc. Also on the list: Apple Inc, Amazon.com Inc and Facebook Inc.
Alphabet also disclosed the pay of David Drummond's wife. Axios reported in September that Drummond, the company's chief legal officer at the time, married another Google employee who once worked in his legal department. Drummond's spouse was paid about $197,000 in 2019, the filing said. Drummond stepped down earlier this year.
译文来源：三泰虎 http://www.santaihu.com/49768.html 译者：Jessica.Wu
Going forward go nment to announce, who ever study in IIT institution they need to work in India for at
least 10 yrs. They have to develop an Indian economy not overseas economy. Do we need to proud of his salary ..lol
Its amazing achievement on personal front.
Pradeep Kumar C K
Very happy to see an Indian has grown to such a great level. Meanwhile our go nment should bring in new rule to make sure that the people who study in top institution, should work in our country for some minimum years. We tax payers money will be used to give subsidized education and this people will leave the country for money.
He's the CEO of Google today because of hardwork and merit.
Sunder Picahai rose to this level by merit and not by reservation. No need for further clarification.
Jaimeen Jignesh Jignesh
Great achievement by Indian. Proud of being Indian citizen.
Madan Mohan Siddhanthi
No grudge nothing .Well done sir God bless you .Yes you moved to where talent has a value .Great
Why are we subsidizing IITs? They all graduate and go abroad instead of taking a risk to create startups or join companies here.
Souvik Ghosh Dastidar
Indians always do good outside India
Incidentally he has not donated a single money to India .....whether now during this pandemic or before...
Souvik Ghosh Dastidar
what about you?
Incidentally, it's none of your business what he does with his money. How do you know he hasn't donated? Are you his accountant?
Feku has made India a living hell. Indians can only reach our full potential outside the hell. Feku's pipe dream of $5 trillion economy has turned into a nightmare for India. We can only hope India will not become a Rs. 5 trillion economy after the pandemic is over.
Thats the GDP of Sudan
Shah Jagdish P
We are proud of Sundar Pichai
Good to see.
Indian politicians should also be paid based on their performance to their constituncy, but unfortunately they themselves take huge commissions on the projects, they show purposely show the project cost very high to loot.
They don't require payment. They have other way to earn
We Indian are proud to get Sundar Pichai. His works made us proud to say yes he is an Indian.
Good to hear that. Indians where ever they go in venturing their full potential
That's a lot of money. It would have been better had they used the same amount for the betterment of the society
Similarly, they should pay your salary to Govt
Let many indians understand that Hard work is the only way to success and crooked path will only lead to.destruction.
nobody care about this pichai.
Have more and more kids
Orkay for truth
All Indians who go abroad and work must be made to pay 10% of their earnings to India Development fund for rest of their life
Hindustan Ki Jai
They are American citizens idiot! why would they pay India?
If they moved abroad why should they pay anything to India? That makes no sense.
It is good for him, not for me.