Sunday, December 22

Sundar Pichai Received $100.5 million (Rs. 667 crores) Pay Package in 2015

According to the report in Bloomberg, Google CEO Sundar Pichai received a $100.5 million (roughly Rs. 667 crores) pay package in 2015. The salary  mentioned in filing from parent company Alphabet on Tuesday.

Pichai received $99.8 million in restricted stock that will vest in full by 2017. He also received a $652,500 salary. The stock award hasn’t previously been disclosed in filings.

The former co-founder of Google Larry Page awarded restricted shares valued at $199 million (roughly Rs. 1,321 crores), the largest grant ever given to a Google executive officer whose pay has to be reported in filings.

Executive Chairman Eric Schmidt received $8.04 million (roughly Rs. 53 crores) for 2015, including a $1.25 million salary and $6 million (roughly Rs. 39 crores) cash bonus. Chief Financial Officer Ruth Porat was awarded $31 million (roughly Rs. 205 crores), including $25.1 million (roughly Rs. 166 crores) in restricted stock.