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Google CEO, Sundar Pitchai made nearly $200 million last year

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tks

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Source : CNN April 28,2017
http://money.cnn.com/2017/04/28/technology/google-ceo-sundar-pichai-pay/index.html

Sundar Pitchai , born in 1972.
=============================================================

Google CEO Sundar Pichai received nearly $199.7 million in compensation last year, double the amount he made in 2015, according to a filing Friday from Google's parent company, Alphabet (GOOGL, Tech30).


Pichai's base pay was a mere $650,000. On top of that, he received a stock award for $198.7 million. The company's compensation committee attributed the lavish pay to Pichai's promotion to CEO and "numerous successful product launches."


Pichai, a longtime Google executive, took over as CEO as part of a corporate restructuring in 2015. Larry Page, Google's cofounder and previous CEO, shifted his focus to growing new businesses under the Alphabet umbrella.


Under Pichai, Google has boosted sales from its core advertising and YouTube business, while also investing in machine learning, hardware and cloud computing.


In 2016, Google unveiled new smartphones, a virtual reality headset, a router, and a voice controlled smart speaker similar to the Amazon Echo.


These efforts have started to pay off for the company.


Google's "other revenues," a category that includes hardware and cloud services, hit nearly $3.1 billion in the most recent quarter, a gain of about 50% from the same quarter a year earlier.


Alphabet's stock has soared this year, pushing it above a $600 billion market cap this week for the first time.
 
Poor Sunder!!!!!!!!
3 Sam Walsh Executive Director Rio Tinto $60,323,000,000
4 Richard Goyder Managing Director Wesfarmers $52,891,000,000
https://www.businessnews.com.au/sites/default/files/attachments/CEOSalarySurvey.pdf

If you see Mr. Pitchai's compensation in isolation, it seems large. But when you see it in the context of others it is middle of the spectrum.

Prasad ji

You have quoted the total revenue of the company as the compensation.
No one made $60 B in compensation for example.

$200 Million is extraordinary level of compensation by any standards
 
Prasad ji

You have quoted the total revenue of the company as the compensation.
No one made $60 B in compensation for example.

$200 Million is extraordinary level of compensation by any standards



Yes, you are right, my mistake.

What is the source of your posting?
 
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[FONT=&quot]The New York Times recently published its coverage of the annual Equilar 200 study, which analyzes the highest-paid CEOs at U.S. public companies*. The 2016 Equilar 200 marks the 10th consecutive year of a partnership with The New York Times to deliver data on top-paid executives.[/FONT]
[FONT=&quot]The introductory page of this feature shows the Top 10 highest-paid CEOs. Below that, there is a link to the full list of the 200 highest-paid CEOs in an interactive chart that allows you to sort by pay, change in compensation year over year, company revenue and total shareholder return (TSR) to see how pay aligns with company performance and shareholder return. You may also download that information in an Excel sheet by filling out the form to your right.[/FONT]

[h=2]The Top 10 Highest-Paid CEOs[/h]

EXECUTIVE NAMETOTAL COMP. (MM)CHANGE IN PAYTSR
1.
dara.jpg
Dara Khosrowshahi
Expedia (EXPE)
$94.6881%47%
2.
leslie.jpg
Leslie Moonves
CBS (CBS)
$56.44%-14%
3.
philippe.jpg
Philippe P. Dauman
Viacom (VIAB)
$54.122%-42%
4.
mark.jpg
Mark V. Hurd
Oracle (ORCL)
$53.2n/a5%
5.
safra.jpg
Safra A. Catz
Oracle (ORCL)
$53.2n/a5%
http://www.equilar.com/reports/38-new-york-times-200-highest-paid-ceos-2016.html
 
<original post edited to remove context that can be demeaning to all people. Please be aware that these forums are seen/read by thousands of people every single day. So, carefully word your replies - Admin>

Are any of them donating their money to the needy?
 
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You have a real sense of humor Mr. Krish.

Unfortunately Mr. Pichai does not have much voting power in the company. So he is still a (highly paid) servant.
 
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