Google CEO Pichai’s $226M Pay Package Boosted By Stock Awards

Pichai, 50, received about $218 million in stock awards as part of that total compensation.

Sundar Pichai, the CEO of Google Cloud parent company Alphabet, reported about $226 million in total compensation for the fiscal year ended Dec. 31, mostly in the form of stock awards, according to a Friday regulatory filing.

Pichai, 50, reported about $218 million in stock awards as part of that total compensation. CEO equity awards come on a triennial basis, hence the massive amount. The other highest paid executives at Alphabet receive their equity awards on an annual basis.

In 2019, the last time Pichai received his triennial award, his total compensation was $281 million. His 2022 total compensation is about 36 times that of his total compensation the year prior.

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Google CEO’s Whopping Pay Package

The 2022 ratio for Pichai’s total compensation compared to the median Alphabet employee was 808 to 1, according to the documents. The median employee – excluding Pichai – made about $280,000.

The 2021 pay ratio was 21 to 1. The 2020 ratio was 27 to 1. And the 2019 ratio was 1,085 to 1.

The other Alphabet executives whose pay was disclosed in the documents include:

*Ruth M. Porat, senior vice president and chief financial officer

*Prabhakar Raghavan, senior vice president, knowledge and information

*Philipp Schindler, senior vice president and chief business officer

*Kent Walker, president of global affairs, chief legal officer and secretary

Pichai’s compensation included the $2 million base salary he’s received since 2020.

His 2022 total pay package included about $6 million for personal security, according to the regulatory filing.

The disclosure of Pichai’s pay comes months after Alphabet announced the layoff of about 12,000 employees due to a fall in advertising spending and amid moderated demand for digital tools since the height of the pandemic.