Published On: Mon, Feb 8th, 2016

Google CEO Pichai Receives Record $199 Million Stock Grant

Pichai's award is largest ever for a Google executive officer; CFO Ruth Porat is given $38.3 million in equity compensation

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Googl CFO Ruth Porat and Googl CEO pichai

 

Google Inc.’s Sundar Pichai is poised to become one of the highest-paid executives of a publicly traded company this year after parent Alphabet Inc. awarded him restricted stock worth about $199 million.

Pichai, who is Google’s chief executive officer, received 273, 328 Class C shares on Feb. 3 that will vest in quarterly increments through 2019 if he remains on the job, according to a filing Friday from the Mountain View, California-based company.

Read the full story at Bloomberg, by Anders Melin and Caleb Melby

 

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