NEW DELHI: That was in December 2019 Sundar Pichai was promoted by Google CEO to be the CEO of alphabet – the parent company, which has many other companies under its roof. A bigger role and responsibility meant a leap in the annual compensation Pichai would receive. Wondering how much Pichai made in 2020? According to the annual power of attorney from Google According to the Securities and Exchange Commission, Pichai’s base salary in 2020 was $ 2 million (approximately 15 billion rupees). On filing, Alphabet mentions: “For 2020, the Leadership Development and Compensation Committee increased Sundar’s base salary to $ 2.0 million in recognition of his expanded role as Chief Executive Officer of Alphabet and Google. ”
In addition, Pichai received nearly $ 5 million under the heading “All Other Compensation,” bringing his total compensation to $ 7.4 million (approximately 52 billion rupees).
Before Pichai was named CEO of Alphabet, the base salary in 2019 was around 6.5 lakh (roughly 4.8 billion rupees). All other compensation was nearly $ 3.3 million in 2019.
Pichai, as CEO of Alphabet and Google, was also granted a share package worth $ 240 million in 2019. The stock options will vest in 2023, according to the proxy filing. “… Changes to Sundar’s compensation structure last year will void these PSU awards, if at all, on December 31, 2023, based on Alphabet’s Total Shareholder Return (TSR) performance compared to the companies making up the S & P 100 exists for a performance period from 2021 to 2023, subject to continued employment on the vesting date. “So the value of stock options depends on how Google and Alphabet actually do over the next few years.