Sundar Pichai, the CEO of Google Cloud parent company Alphabet, reported about $226 million in total compensation for the fiscal year ended Dec. 31, mostly in the form of stock awards, according to a Friday regulatory filing.
Pichai, 50, reported about $218 million in stock awards as part of that total compensation. CEO equity awards come on a triennial basis, hence the massive amount. The other highest paid executives at Alphabet receive their equity awards on an annual basis.
In 2019, the last time Pichai received his triennial award, his total compensation was $281 million. His 2022 total compensation is about 36 times that of his total compensation the year prior.
[RELATED: Amazon’s 6 Top Compensated Execs; AWS CEO Tops $41M]
Google CEO’s Whopping Pay Package
The 2022 ratio for Pichai’s total compensation compared to the median Alphabet employee was 808 to 1, according to the documents. The median employee – excluding Pichai – made about $280,000.ADVERTISEMENT
The 2021 pay ratio was 21 to 1. The 2020 ratio was 27 to 1. And the 2019 ratio was 1,085 to 1.
The other Alphabet executives whose pay was disclosed in the documents include:
*Ruth M. Porat, senior vice president and chief financial officer
*Prabhakar Raghavan, senior vice president, knowledge and information
*Philipp Schindler, senior vice president and chief business officer
*Kent Walker, president of global affairs, chief legal officer and secretary
Pichai’s compensation included the $2 million base salary he’s received since 2020.
His 2022 total pay package included about $6 million for personal security, according to the regulatory filing.
The disclosure of Pichai’s pay comes months after Alphabet announced the layoff of about 12,000 employees due to a fall in advertising spending and amid moderated demand for digital tools since the height of the pandemic.LEARN MORE: Cloud Infrastructure | Cloud Platforms | Cloud Software
Wade Tyler Millward is an associate editor covering cloud computing and the channel partner programs of Microsoft, IBM, Red Hat, Oracle, Salesforce, Citrix and other cloud vendors. He can be reached at [email protected].
RELATED CONTENT
Gartner: 7 Ways Midsize Enterprises Can Future-Proof Their BusinessMicrosoft Q3 2023 Earnings Report: 5 Things To KnowGreenLake Ecosystem Superstar Keith White Is Leaving HPESalesforce Names New Channel ChiefAWS Launches ‘Critical’ New Cloud Operations Competency TO TOPADVERTISEMENT
TRENDING STORIES
- 10 Cool New Cybersecurity Tools Announced At RSAC 2023 | CRN
- 20 Hottest Cybersecurity Products At RSAC 2023 | CRN
- Deloitte Layoffs To Hit 1,200 US Workers As Consulting Business Slows: Report | CRN
- Red Hat Layoffs: Cuts, ‘Cultural Change’, CEO Decision — 5 Key Things To Know | CRN
- CDW Layoffs: 5 Things To Know | CRN