Pichai one of world’s highest-paid executives, awarded $281 mln in compensation last year

Pichai is one of world’s highest-paid executives, awarded $281 mln in compensation last year Alphabet Inc. said in a regulatory filing that Chief Executive Officer Sundar Pichai was awarded $281 million in compensation last year, making him one of the world’s highest-paid executives.

The vast majority of the package is stock awards, some of which will be paid out depending on Alphabet’s stock return relative to other companies in the S&P 100 index. That means his haul can become significantly smaller, or much bigger. Pichai’s annual salary was $650,000 in 2019, according to a proxy statement filed with regulators on Friday. The company has said that will rise to $2 million this year.

The CEO’s compensation is 1,085 times the median total pay of Alphabet employees, the company also said in the filing.