Google CEO Becomes Highest Paid In US
- Gayathri Mathivanan
- February 9, 2016, 9:19 PM
The CEO of Google, Sundar Pichai, has been awarded $199m (£138m) in shares, a regulatory filing has revealed by Google parent company Alphabet Inc. It makes Mr Pichai the highest-paid CEO in US.
Mr Pichai, 43, was awarded 273,328 Alphabet shares on 3 February, worth a total of $199m, according to a filing with the US Securities and Exchange Commission. The new award of shares takes Mr Sundar Pichai total stock value to approximately $650m.
Mr Sundar Pichai share award will vest incrementally each quarter until 2019. In other words, full control over the shares will pass to him on a gradual basis.
The Google CEO Mr Sundar Pichai joined the company since 2004, initially leading product management on a number of Google client software products, including Google Chrome, Chrome OS, and Google Drive, as well as being largely responsible for the development of Gmail and Google Maps.
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