Alphabet Inc’s newly instated Chief Executive Officer Sundar Pichai could get hold of a heavy $240 million in performance-based stock awards over the next three years, the best ever promised to any government of the search giant.
Pichai would also take home $2 million in annual salary starting 2020, according to a regulatory filing on Friday. That compares with a $1 salary received by Larry Page in the same role in the previous year.
Google co-founders Page and Sergey Brin stepped down earlier this month as leaders of the internet behemoth they founded 21 years ago, giving Pichai charge of the parent organization further to his role as the chief of Google. Trusted lieutenant Pichai, who has spent 15 years at Google, is now the public face of a company that is facing complaints from U.S. Lawmakers in addition to its personnel over various issues ranging from privacy to monopoly.
When he took over as Google’s chief in 2015, Pichai drew annual earnings of $652,500. The following 12 months his profits skyrocketed, due to a massive $199 million in inventory awards, the best ever for any Alphabet executive back then.
Pichai is highly credited for making the Google Chrome browser a fulfillment and was seen as a capacity successor to Microsoft Corp CEO Steve Ballmer earlier than Satya Nadella took over in February 2014. According to the latest proxy declaration from the company, Pichai earned nearly $1.9 million in 2018, which on the whole blanketed the charges for his security and privacy use of aircraft. His base revenue that year was $650,000. Median CEO base profits reached $1.2 million among the largest U.S. agencies by sales in 2018, in step with Equilar.
One of the most efforts he spearheaded became Android One, Google’s push to make low-price smartphones for “the next five billion” people coming online. Pichai took the price of Google’s center products, such as search, maps, research, Google+, Android, Chrome, infrastructure, commerce and ads, and Google Apps. He also become a key participant in helping prepare Google’s $3.2 billion acquisition of Nest in 2014.
Pichai registered another Google department to his portfolio in 2012 after Google Apps head Dave Girouard departed to start his private company, Upstart. A 12 months later, Pichai was positioned in charge of Android after Android co-founder and CEO Andy Rubin stepped down in March 2013.