Chief executive of Google and parent company Alphabet had compensation more than 800 times the median employee in 2022 thanks to large, triennial stock award
Alphabet says changes to the structure of Chief Executive Sundar Pichai’s stock awards “further align Sundar’s compensation to long-term shareholder value creation and Alphabet’s stock performance.”
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Alphabet Inc. Chief Executive Sundar Pichai received his third massive stock award since rising to the top of Google, the company disclosed Friday.
Pichai received $218 million in stock awards after his previous award cashed in 2022, according to a proxy filing with the Securities and Exchange Commission that was made public Friday afternoon. Alphabet GOOGL GOOG has awarded Pichai stock bonuses of roughly $200 million or more every three years, and they take three years to vest, with a mix of time-based awards and performance-based…
