HIGHLIGHTS
• Pichai received a salary of US $650,000 last year, slightly less than what he earned in 2015
• The company attributed the lavish pay to Pichai's promotion to CEO and "numerous successful product launches"
• Under Pichai, Google has boosted sales from its core advertising and YouTube business
HOUSTON: Google's 44-year-old India-born CEO Sundar Pichai received nearly US $200 million in compensation last year, double the amount he got in 2015.
Pichai received a salary of US $650,000 last year, slightly less than the US $652,500 he earned in 2015.
But the long-time Google employee, who was named CEO during the company's re-organisation in August 2015, received a stock award of US $198.7 million in 2016, roughly double his 2015 stock award of US $99.8 million.
The company's compensation committee attributed the lavish pay to Pichai's promotion to CEO and "numerous successful product launches", the CNN reported.
Larry Page, Google's co-founder and previous CEO, shifted his focus to growing new businesses under the Alphabet umbrella.
Google's "other revenues", a category that includes hardware and cloud services, hit nearly US $3.1 billion in the most recent quarter, a gain of about 50 per cent from the same quarter a year earlier.
Alphabet's stock has soared this year, pushing it above a US $600 billion market cap this week for the first time, the report said.
Google's "other revenues", a category that includes hardware and cloud services, hit nearly US $3.1 billion in the most recent quarter, a gain of about 50 per cent from the same quarter a year earlier.
Alphabet's stock has soared this year, pushing it above a US $600 billion market cap this week for the first time, the report said.
• Pichai received a salary of US $650,000 last year, slightly less than what he earned in 2015
• The company attributed the lavish pay to Pichai's promotion to CEO and "numerous successful product launches"
• Under Pichai, Google has boosted sales from its core advertising and YouTube business
HOUSTON: Google's 44-year-old India-born CEO Sundar Pichai received nearly US $200 million in compensation last year, double the amount he got in 2015.
Pichai received a salary of US $650,000 last year, slightly less than the US $652,500 he earned in 2015.
But the long-time Google employee, who was named CEO during the company's re-organisation in August 2015, received a stock award of US $198.7 million in 2016, roughly double his 2015 stock award of US $99.8 million.
The company's compensation committee attributed the lavish pay to Pichai's promotion to CEO and "numerous successful product launches", the CNN reported.
Larry Page, Google's co-founder and previous CEO, shifted his focus to growing new businesses under the Alphabet umbrella.
Google's "other revenues", a category that includes hardware and cloud services, hit nearly US $3.1 billion in the most recent quarter, a gain of about 50 per cent from the same quarter a year earlier.
Alphabet's stock has soared this year, pushing it above a US $600 billion market cap this week for the first time, the report said.
Google's "other revenues", a category that includes hardware and cloud services, hit nearly US $3.1 billion in the most recent quarter, a gain of about 50 per cent from the same quarter a year earlier.
Alphabet's stock has soared this year, pushing it above a US $600 billion market cap this week for the first time, the report said.
