- Associated Press - Friday, April 28, 2017

SAN FRANCISCO (AP) - Google CEO Sundar Pichai (soon-DAHR pee-CHAY) received a $200 million compensation package last year for running the internet company that makes nearly all the money for Alphabet Inc.

Most of the pay consisted of Alphabet stock that the company valued at $198.7 million in securities documents filed Friday. Alphabet gave the award to Pichai in January 2016, a few months after he succeeded Larry Page as Google’s CEO. Pichai still reports to Page, a Google co-founder who is now Alphabet’s CEO.

Page limits his annual pay to $1 because he already has an estimated fortune of $41 billion.

The stock that Pichai received will vest in quarterly increments through January 2020.

The 44-year-old Pichai also received a $650,000 salary last year in addition to personal security services and air travel valued at $372,000.

Copyright © 2018 The Washington Times, LLC.

The Washington Times Comment Policy

The Washington Times is switching its third-party commenting system from Disqus to Spot.IM. You will need to either create an account with Spot.im or if you wish to use your Disqus account look under the Conversation for the link "Have a Disqus Account?". Please read our Comment Policy before commenting.


Click to Read More and View Comments

Click to Hide