Substantial wage increase for Google boss Sundar Pichai
Google CEO Sundar Pichai has received a substantial salary increase now that he is also in control of the parent company Alphabet. Not only does he receive an annual salary increase of 2 million dollars, he can also look forward to the necessary options.
For example, Pichai will receive $ 240 million in stock options if he achieves certain performance targets in the next three years. If the stock market price of Alphabet rises faster or falls less fast than the S&P 100, it can count on another 90 million dollars in stock options.
Pichai was recently named Alphabet’s CEO. Google founders Larry Page and Sergey Brin decided to take a step back.