Google CEO Sundar Pichai received USD 200 million in salary last year : The Tribune India

Join Whatsapp Channel

Google CEO Sundar Pichai received USD 200 million in salary last year

HOUSTON: Google’s 44-year-old India-born CEO Sundar Pichai received nearly USD 200 million in compensation last year, double the amount he got in 2015.

Google CEO Sundar Pichai received USD 200 million in salary last year

Sundar Pichai. File photo



Houston, April 29

Google’s 44-year-old India-born CEO Sundar Pichai received nearly USD 200 million in compensation last year, double the amount he got in 2015.

(Follow The Tribune on Facebook; and Twitter @thetribunechd)

Pichai received a salary of USD 650,000 last year, slightly less than the USD 652,500 he earned in 2015.

But the long-time Google employee, who was named CEO during the company’s re-organisation in August 2015, received a stock award of USD 198.7 million in 2016, roughly double his 2015 stock award of USD 99.8 million.

The company’s compensation committee attributed the lavish pay to Pichai’s promotion to CEO and “numerous successful product launches”, the CNN reported.

Larry Page, Google’s co-founder and previous CEO, shifted his focus to growing new businesses under the Alphabet umbrella.

Under Pichai, Google has boosted sales from its core advertising and YouTube business, while also investing in machine learning, hardware and cloud computing, the report said.

In 2016, Google unveiled new smartphones, a virtual reality headset, a router, and a voice-controlled smart speaker.

These efforts have started to pay off for the company.

Google’s “other revenues”, a category that includes hardware and cloud services, hit nearly USD 3.1 billion in the most recent quarter, a gain of about 50 per cent from the same quarter a year earlier.

Alphabet’s stock has soared this year, pushing it above a USD 600 billion market cap this week for the first time, the report said. PTI

Top News

Jailed gangster-politician Mukhtar Ansari dies of cardiac arrest

Jailed gangster-politician Mukhtar Ansari dies of cardiac arrest

Ansari was hospitalised after he complained of abdominal pai...

Delhi High Court dismisses PIL to remove Arvind Kejriwal from CM post after arrest

Delhi High Court dismisses PIL to remove Arvind Kejriwal from CM post after arrest

The bench refuses to comment on merits of the issue, saying ...

Arvind Kejriwal to be produced before Delhi court today as 6-day ED custody ends

Excise policy case: Delhi court extends ED custody of Chief Minister Arvind Kejriwal till April 1

In his submissions, Kejriwal said, ‘I am named by 4 witnesse...

‘Unwarranted, unacceptable’: India on US remarks on Delhi CM Arvind Kejriwal’s arrest

‘Unwarranted, unacceptable’: India on US remarks on Delhi CM Arvind Kejriwal’s arrest

MEA spokesperson says India is proud of its independent and ...

Gujarat court sentences former IPS officer Sanjiv Bhatt to 20 years in jail in 1996 drug case

Gujarat court sentences former IPS officer Sanjiv Bhatt to 20 years in jail in 1996 drug case

Bhatt, who was sacked from the force in 2015, is already beh...


Cities

View All