We are Digital Passion

Google Chief Now Highest-Paid Boss In America

Sundar Pichai’s pay deal is worth more than the £130m ($187m) Google has agreed to pay the UK government in back taxes

Google boss Sundar Pichai is now the highest paid chief executive in America after being awarded $199m (£138m) worth of shares.

He became chief executive in October after the firm’s reorganisation into holding company Alphabet, and was given 273,328 shares, according to a company filing.

It is more than the £130m ($187m) Google has agreed to pay the UK government in back taxes since 2005.

The award takes his total Alphabet holding to around $650m (£450m) – yet even this figure falls way short of the net worth of Google founders Larry Page and Sergey Brin.

They are worth around $34bn each, according to Forbes.

And Google’s former chief executive, Eric Schmidt, holds shares worth around $3bn.

Mr Pichai’s award will vest in quarterly increments until 2019.

The 43-year-old was recently seen at Super Bowl 50 in San Francisco, where he posted a photo of himself on Twitter meeting NFL legend Ronnie Lott.

Alphabet’s chief financial officers Ruth Porat was given shares worth around $38m on top of the $30m signing bonus she got after leaving Morgan Stanley last year.

Google’s cloud computing boss Diane Greene was awarded shares worth $42.8m, on top of around $150m she was given when Google bought Bebop Technologies – the company she founded.

 

SOURCE


Leave a Comment

Loading...
DigitalPash