My Blog
Business

Alphabet CEO Sundar Pichai’s compensation topped $200 million in 2022

Alphabet CEO Sundar Pichai’s compensation topped 0 million in 2022
Alphabet CEO Sundar Pichai’s compensation topped 0 million in 2022


Sundar Pichai, CEO, Alphabet

Lluis Gene | AFP | Getty Images

Alphabet CEO Sundar Pichai received $226 million in total compensation in 2022, most of which came through stock awards, according to a securities report filed by the company on Friday.

Pichai was awarded $218 million in equities last year through a triennial stock grant. His annual salary was $2 million from 2020 to 2022, the filing stated. The CEO’s compensation package also included almost $6 million for personal security in 2022.

Other Alphabet and Google principal executives made approximately $22 million to $35 million in annual stock awards, according to the filing.

The report comes as Alphabet is initiating cost restructuring measures, including layoffs in January that eliminated 12,000 workers, or 6% of its workforce. Google’s finance chief Ruth Porat announced earlier in April that the company would be cutting back on employee laptops and services to further reduce costs.

Related posts

UBS downgrades Tesla to sell rating, warns that AI fervor could wane

newsconquest

Kremlin says it’s confident Putin will win 2024 presidential election

newsconquest

Barclays downgrades Ally Financial, says the bank is more vulnerable in 2023

newsconquest