Google CEO salary raised to $2 million, chance to unlock $240 million+ - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

Google CEO Sundar Pichai's salary was just raised to $2 million, but he's set up to make at least $240 million more if he sticks around and the company hits its targets

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

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.

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:

 /  🏆 729. in US

United States United States Latest News, United States United States Headlines

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

Google is offering advice on FedNow - Business Insider Intelligence - Business InsiderGoogle's suggestions for the Fed could be effective, but they could also accelerate the threat big tech firms are posing to US payments and commerce:
Source: BusinessInsider - 🏆 729. / 51 Read more »