Google compensated its top five executives approximately $350 million last year, with Google CEO Sundar Pichai representing over half of the total compensation the technology conglomerate paid out in 2022.
The 2022 ratio for Pichai’s total compensation compared to the median Alphabet employee was 808 to 1, according to Google’s filing with the U.S. Securities and Exchange Commission. The Mountain View, Calif.-based company had 190,711 employees as of March 31.
Looking at Google’s recent first quarter 2023 financial earnings results, the company generated $69.8 billion in total revenue. This represents an annual growth rate of 3 percent year over year compared to just over $68 billion in first quarter 2022.
[Related: Google Vs. Amazon Vs. Microsoft: Q1 2023 Cloud Earnings Face-Off]
Pichai and his fellow top executives are currently fixated on driving artificial intelligence and generative AI innovation across the entire company.
“We are excited about helping people, businesses and society reach their full potential with AI,” said Pichai during Google’s recent Q1 2023 financial earnings report with media and analysts. “Thanks to our employees around the world who continue to work hard to advance our mission, after nearly 25 years, the work to organize the world’s information and make it accessible and useful is as important as ever, and I look forward to the work ahead.”
CRN reviewed Google’s compensation data in a company filing with the U.S. Securities and Exchange Commission.
Here is the breakdown of Google’s five most highly compensated executives in 2022, which includes: Chief Legal Officer Kent Walker; Chief Financial Officer Ruth Porat; Google’s Knowledge and Information leader Prabhakar Raghavan; Chief Business Officer Philipp Schindler; and CEO Pichai.
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Mark Haranas is an assistant news editor and longtime journalist now covering cloud, multicloud, software, SaaS and channel partners at CRN. He speaks with world-renown CEOs and IT experts as well as covering breaking news and live events while also managing several CRN reporters. He can be reached at [email protected].
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