If he sticks around and the company hits certain performance targets, he'll unlock at least $150 million more.
That's because in addition to the boosted salary, Pichai now has a compensation package that includes stock awards worth far more than $2 million, some tied to the company's performance and staying in the role. Alphabet says that Pichai will be eligible for the first tranche of stock awards depending on how the company does against the S&P 100 index over the 2020-2021 period. He gets the second block depending on how it does against the same metric over the period of 2020-2022.
Those are some strong financial incentives.
big tech are being sued in the courts for their Roles in Democratic Republic of Congo Child Labour instead of Fiscally Financing Normalised Society, JCB's and Connerbations But who Profits,the children, no if The Slave Owner Wins the Case, the children Profit, no Big Tech Wins
If dont invest it , should be taxed . Pointless. He didn't even found the company.
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Source: BusinessInsider - 🏆 729. / 51 Read more »