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Google CEO Sundar Pichai Doubles His Pay Package To $198.7 Million

Darpan News Desk, 29 Apr, 2017 12:31 PM
    Google's India-born CEO Sundar Pichai received a stock award of $198.7 million in 2016, almost double his 2015 stock award of $99.8 million, a media report said.
     
    That brought his total compensation in 2016 to $199.7 million, almost twice the $100.6 million he earned in 2015.
     
    Pichai received a salary of $650,000 in 2016, slightly less than the $652,500 he earned in 2015, CNBC reported on Friday.
     
     
    Pichai's massive pay package came even as his two bosses and Google co-founders Larry Page and Sergey Brin, once again drew salaries of only one dollar for their roles as CEO and President, respectively, of parent company Alphabet. 
     
    But Page and Brin are each worth more than $40 billion through their stock holdings.
     
    According to the report, Pichai's raise came during a year when Google's sales rose 22.5 per cent and net income rose 19 per cent as it maintained its position as the top seller of internet advertising.

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    St. Catharines, Ont., Man Wanted For 1st-Degree Murder In Death Of Stepson, 7

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    Police Allege Ex-Patient Shot And Killed Ontario Chiropractor In His Clinic

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    Mourners Gather In Quebec For Funeral Of RCMP Constable Killed In Collision

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    Bodies Of 2 Missing Snowshoers Recovered From Avalanche Site In Rocky Mountains

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    B.C. Mounties Investigating 3 Deaths In Northeastern Community Of Moberly Lake

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    Alberta Credit Card Scam: Canada-Wide Warrant Issued For Vivek Parekh And Nidhi Nitnaware

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    Edmonton police have issued Canada-wide arrest warrants for a man and a woman who were allegedly involved in a credit card scam in Alberta, even though both were legitimately employed to sell the cards.

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