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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

 

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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READ MORE: Ruth Porat

Ruth Porat

Google Inc. will pay its new Chief Financial Officer Ruth Porat more than $70 million starting this May, making her one of the highest-paid CFOs in hi-tech, Bloomberg reported. Porat will get a $5 million one-time More…

Ruth Porat: This 2012 photo provided by Morgan Stanley shows outgoing Chief Financial Officer Ruth Porat. Morgan Stanley on Tuesday, March 24, 2015 announced that Porat is leaving the New York investment bank for the same job at Google. (AP Photo/Camera 1 via Morgan Stanley, Larry Lettera)

Google has poached Ruth Porat from Morgan Stanley. The company’s new chief financial officer had served in that role with Morgan Stanley since 2010. Once considered as a possible successor to former Federal More…

Ruth Porat / Getty

It is no easy achievement to rise to the top in the tough and hyper-competitive, world of Wall Street, and even more so if you are a woman. A case in point is that More…

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