Stock awards lead to 2022 pay of $226M for Google CEO Pichai

  • 📰 TheRegister
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 61%

United Kingdom Headlines News

United Kingdom Latest News,United Kingdom Headlines

How was Google boss's 2022? He got paid $226M as stock awards kicked in

Timing is everything, and confirmation via a regulatory filing that Alphabet and Google boss Sundar Pichai’s total compensation package swelled to $226 million in 2022, comes - awkwardly - during a period of company belt-tightening.triennial stock awards of $218 million

that made up the bulk of his financial package. This was approved by the Equity Awards Committee in December, before Google launched its mega cost reduction strategy public the next month. Back in 2019 when the last three-year stock award was implemented, Pichai was awarded a total of $281 million - nice work if you can get it. Pichai’s compensation also included $5.947 million for security detail, which is considerably less than Meta fork out to keep Mark Zuckerberg safe.

Word of the bumper payout comes amid a challenging time for Google: it hired heavily during the early years of the pandemic, growing from 120,000 employees to 187,000 from early 2020 to September.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 67. in UK

United Kingdom Latest News, United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Accrington bus stop finally repaired six months after car crash into itThe Woodlands bus stop in Clayton-le-Moors was left damaged since the end of 2022
Source: LiveLancs - 🏆 10. / 87 Read more »

Tributes to great grandad who put community at the core of his lifeTributes have been made to a former councillor affectionately known by close family as ‘gadget man’ who dedicated his retirement time to supporting the community
Source: LiveLancs - 🏆 10. / 87 Read more »

Software company Smoove set to join London stock market exodusA producer of software for estate agents and conveyancers has received a string of takeover approaches which could result in its delisting from the AIM market, Sky News understands.
Source: SkyNews - 🏆 35. / 67 Read more »

Leaked Google Pixel Fold video shows the fold in action for the first timeIt works as you'd expect
Source: techradar - 🏆 51. / 63 Read more »

MAFS' Lara admits dating post-show is 'awful' as potential suitors Google herEXCLUSIVE: Married At First Sight UK star Lara Eyre has opened up about what dating is like after taking part in the show, and branded one of her recent dates as being “awful”
Source: OK_Magazine - 🏆 12. / 84 Read more »

Urgent Gmail warning with users at risk of handing over personal detailsUrgent Gmail warning with users at risk of handing over personal details to hackers
Source: MENnewsdesk - 🏆 23. / 69 Read more »