Google just gave Sundar Pichai a $692M pay package
TechCrunch
Alphabet structured a three-year performance-based pay package for Google CEO Sundar Pichai potentially worth $692 million.Summary
Alphabet has structured a three-year deal for Google CEO Sundar Pichai that could be worth up to $692 million, potentially making him one of the highest-paid executives globally. The majority of this compensation is contingent upon performance, including new stock incentives tied to ventures like Waymo and Wing. This news contrasts with the recent high-profile real estate acquisitions by Google founders Larry Page and Sergey Brin in Miami, reportedly to counter California's proposed Billionaire Tax Act. Pichai, unlike the founders, remains publicly rooted in Los Altos, California, though he is also a billionaire due to the significant growth of Google's market capitalization since he became CEO in 2015.
(Source：TechCrunch)