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Tuesday, 9 February 2016

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Google Gives Pichai $199 M in Stocks

Alphabet just awarded Google CEO Sundar Pichai restricted stock worth $199 M, making him one of the highest-paid execs of a publicly traded company this year.
Alphabet just awarded Google CEO Sundar Pichai restricted stock worth $199 M, making him one of the highest-paid execs of a publicly traded company this year.

 Pichai received 273,328 Class C shares on 3 Feb that will vest in quarterly increments through 2019 so long as he’s still working for them, of course. It is the highest award ever given to a Google executive as well as Pichai’s first award since he took over the company. 

Alphabet also awarded $ 42.8 M in restricted stock, and equity worth $148 M to Diane Greene, head of Google's cloud business since Nov 2015. CFO Ruth Porat also received equity worth $38.3 M.

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