Alphabet grants Pichai largest ever stock award of US$240mil, again


Google co-founders Page and Sergey Brin stepped down earlier this month as leaders of the internet behemoth they founded 21 years ago, giving Pichai(pic) charge of the parent company in addition to his role as the chief of Google.

Alphabet Inc's newly instated Chief Executive Officer Sundar Pichai would receive a hefty $240 million (£184.40 million) in performance-based stock awards over the next three years, the highest ever promised to any executive of the search giant.

Pichai would also take home $2 million in annual salary starting 2020, according to a regulatory filing on Friday. That compares with a $1 salary received by Larry Page in the same role last year. (https://bit.ly/36VSo8u)

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