Friday, July 19, 2024

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

Date:

  • Alphabet CEO Sundar Pichai will receive $226 million in total compensation in 2022.
  • Most of the pay came through stock awards, according to a securities filing the company filed on Friday.
  • The CEO’s compensation package also included nearly $6 million in personal security in 2022.

Sundar Pichai, CEO of Alphabet

Louis Jane | AFP | Getty Images

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

Pichai earned $218 million in stocks last year through a triennial stock grant. The filing stated that his annual salary was $2 million from 2020 to 2022. The CEO’s compensation package also included nearly $6 million for personal security in 2022.

According to the report, other Alphabet and Google executives have received approximately $22 million to $35 million in annual stock awards.

The report comes as Alphabet begins cost restructuring measures, including layoffs in January that wiped out 12,000 workers, or 6% of its workforce. Ruth Porat, Google’s chief financial officer, announced earlier in April that the company would cut back on employee laptops and services to further reduce costs.

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Rosario Tejeda
Rosario Tejeda
"Infuriatingly humble analyst. Bacon maven. Proud food specialist. Certified reader. Avid writer. Zombie advocate. Incurable problem solver."

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