What is Sunder Pichai salary?

NEW DELHI: It was in December 2019 that Sundar Pichai was promoted from Google CEO to be the CEO of Alphabet — the parent company which has many other businesses under its umbrella. A bigger role and more responsibilities meant a jump in the annual compensation that Pichai would receive. Wondering how much Pichai earned in 2020? According to the annual proxy filing made by Google with the US Securities and Exchange Commission, Pichai’s ‘base’ salary was $2 million (roughly Rs 15 crore) in 2020. In the filing, Alphabet mentions, “For 2020, the Leadership Development and Compensation Committee increased Sundar’s base salary to $2.0 million in recognition of his expanded role as Chief Executive Officer of Alphabet and Google.”

In addition to this, Pichai got close to $5 million under the head “All Other Compensation” which made his total compensation about $7.4 million (roughly Rs 52 crore).

Prior to becoming CEO of Alphabet, Pichai’s base salary was about $6.5 lakh (roughly Rs 4.8 crore) in 2019. All Other Compensation in 2019 was close to $3.3 million.

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Pichai, as CEO of Alphabet and Google, was also granted $240 million stock package in 2019. The stock options, as per the proxy filing, will vest in 2023. “…changes implemented to Sundar’s compensation structure last year, these PSU awards will vest, if at all, on December 31, 2023, based on the Total Shareholder Return (TSR) performance of Alphabet relative to the companies comprising the S&P 100 over a 2021-2023 performance period, subject to continued employment on the vesting date.” So the value of stock options will depend on how Google and Alphabet actually perform in the next couple of years.

Google CEO Sundar Pichai got the promotion of a lifetime earlier this month, when company co-founders Larry Page and Sergey Brin relinquished control of parent company Alphabet Inc. to the longtime Google executive and stepped back after more than two decades at the search giant.

Now, Pichai’s compensation is changing to reflect his new dual role as Alphabet and Google chief executive. According to Bloomberg, which cites a financial filing published Friday, Pichai is being granted a $240 million stock package on top of a $2 million annual salary to take effect in 2020. The stock package is tied to performance metrics and will be paid over the course of three years. According to Bloomberg, Pichai could make an additional $90 million pending Alphabet’s share performance in relation to the S&P100 Index. This is the first time the company has granted performance-based stock grants.

Pichai is already one of the highest paid executives in Silicon Valley, having held the job of Google CEO since 2015 when Page and Brin first restructured the company to create Alphabet. His salary last year clocked in at $1.8 million, Bloomberg reports, and prior to that Pichai is reported to have made $650,000 a year.

Pichai has collected nearly $1 billion in stock grants over the last five years

However, he’s received numerous stock grants over the last decade, including one for $250 million in 2014 and a pair of grants in the years afterward totaling $300 million, that have put his net worth close to $1 billion. Pichai received the last of those stock grants in 2016, and he’s made so much money, in fact, that he turned down an additional stock grant last year, Bloomberg reported. Although he is among the highest paid executives in tech, Pichai’s net worth pales in comparison to Page and Brin, both of whom own roughly 6 percent of Alphabet and have respective net worths of $65 billion and $63 billion.

Yet Pichai’s generous compensation may become a renewed point of contention among Google employees following today’s news, given the extreme turmoil inside the company that’s been brewing for the last couple of years. Following revelations about disgraced Android co-founder Andy Rubin’s discreet $90 million exit package, following allegations of sexual misconduct Google leadership deemed credible, Google employees organized the 20,000-person Google Walkout protest.

Since then, employees’ relationship with management has grown severely antagonistic around issues like labor organizing, with multiple fired or resigned employees saying they were retaliated against for organizing internal protests and labor actions. Just yesterday, former Google employee Claire Stapleton, an organizer of the Google Walkout, detailed the retaliation she faced from the company in the months following the protest in a first-person essay for Elle magazine. Stapleton eventually quit the company, along with three of the other six organizers. A grant of this magnitude for Pichai could then be seen as a sign of approval over how he’s handling these various controversies, which may further rankle Google’s growing activist and pro-union coalition.

Updated Jun 10, 2022 | 04:31 PM IST

Sundar Pichai , the CEO of the world's number one search engine Google, is celebrating his 49th birthday today, ie on June 10.

In this day and age, where technology is booming like never before, you will be hard pressed to find anyone who is not familiar with the name; Sundar Pichai .

Pichai was born on June 10, 1972, in an ordinary family of Madurai, Tamil Nadu. From Humble beginnings to the CEO of Google , here is everything you should know about his life.

Sundar Pichai Education: Engineering degree from IIT Kharagpur

Sundar Pichai's father was an engineer in the British company GEC. Pichai had studied in Chennai, up to 10th standard. He later earned a degree in Metallurgical Engineering (1989-93) from IIT Kharagpur.

He was always the topper of his batch. After finishing his studies in IIT, Pichai went to Stanford University in America for further studies.

In an interview, Pichai had said that the flight ticket that his father had bought for him to go from India to America that time, was equal to his father's annual salary.

Sundar Pichai was featured in Time's 2020 Influential list, which classified the most influential people in the world.

Growing up in Chennai, he joined Google in 2004 as a management executive, and has been working in Google for the past 16 years.Fast forward to 2015, he was made the CEO of Google, the world's most valuable tech company.

Highest paid CEO (Sundar Pichai Salary)

Sundar Pichai was elected as the CEO of Google on August 10, 2015. In December 2019, he was also given the responsibility of CEO of Google's parent company Alphabet.

Sundar Pichai's salary has also increased since becoming the CEO of Alphabet, and today he is the highest paid CEO in the world. Back in 2020, Sundar Pichai's base salary was close to Rs 15 crore ($ 2 million). Additionally, he arns about 37 crores ($ 5 million) as other allowances. In total, Pichai's total salary is about 52 crores.

Here are some of Sundar Pichai inspiration quotes

It is important to achieve your dreams and listen to your heart. Do something that excites you.

If you are a true leader, then it is important for you to focus on your success as well as the success of others.

It's always good to work with people who make you feel insecure about yourself. In this way you will continue to push your limits.

Let yourself feel insecure, it will help you grow personally.

You may fail a few times, but that's okay. Keep your efforts towards success. You learn a lot by doing this.

A person who is happy is not because everything is perfect in his life. He is happy because his attitude towards everything in life is right.