- Pichai's fundamental salary elevated by 200% to Rs 14.2 crore, to 4.6 crore in 2018
- Shares might be held in three years, some portion might be selected the idea of the efficiency of the share below the management of Pichai
- Indian-origin Pichai grew to become the CEO of Google in 2015, within the earlier days was additionally made CEO of guardian firm Alphabet
Dainik Bhaskar
Dec 21, 2019, 03:38 PM IST
California. Sundar Pichai (47) acquired a package of $ 242 million (Rs 1718 crore) after turning into the CEO of Alphabet. This contains fundamental salaries of $ 20 million (Rs 14.2 crore) and $ 24 million (Rs 1704 crore) in annual fairness. Pichai's new salary package might be relevant from 1 January. However, out of $ 24 million, the $ 120 million inventory award might be acquired in quarterly installments. The remaining annual efficiency might be based mostly, that’s, if all of the targets are met by Pichai, shares might be obtainable in three years. Alphabet gave this info on Friday. Pichai was additionally introduced to be CEO of Google's guardian firm Alphabet on December 4.
Pichai the most important inventory award within the historical past of Google, Alphabet
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In 2018, Pichai acquired a complete salary of 19 million {dollars} (135 crore rupees). It had a fundamental salary of $ 6.5 million (Rs 4.6 crore). Pichai refused to take the inventory award final 12 months, saying that the salary was sufficient. The Rs 1704 crore inventory award is the very best ever acquired by an official of Google and Alphabet.
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5 CEOs with highest annual package
CEO / Company Salary allowances (Rupees) in 2018 Elon Musk, Tesla 3591 crores Brendan Kennedy, Tilre 1792 crores Bob Iger, Walt Disney 1022 crores Tim Cook, Apple 957 crores Nikesh Arora, Palo Alto Network 910 crores -
Apple CEO Tim Cook acquired a complete salary of $ 141 million (Rs 957 crore) final 12 months. The salary of Microsoft CEO Satya Nadella elevated by 66% final 12 months. He acquired a compensation of $ 4.29 million (Rs 306.43 crore) within the final monetary 12 months (2018-19). It was principally within the type of a inventory award. Basic salary was 2.three million {dollars}. Nadella's package was $ 2.58 million (Rs 184.28 crore) in 2017-18. Larry Page, the previous CEO of Alphabet, and Jack Dorsey, CEO of Twiver, took a token salary of simply $ 1-1 final 12 months.
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The post Alphabet CEO Sundar Pichai Awarded usd 242 Million Pay Package | 1718 crore package to CEO Sundar Pichai; Basic salary 14 crores, 1704 crores shares appeared first on Khabar Bollywood.
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