Alphabet CEO Pichai’s 2019 compensation worth US$281mil

Pichai’s annual salary was US$650,000 (RM2.83mil) in 2019, according to a proxy statement filed with regulators on Friday. The company has said that will rise to US$2mil (RM8.71mil) this year. — AFP

Alphabet Inc said in a regulatory filing that chief executive officer Sundar Pichai was awarded US$281mil (RM1.22bil) in compensation last year, making him one of the world’s highest-paid executives.

The vast majority of the package is stock awards, some of which will be paid out depending on Alphabet’s stock return relative to other companies in the S&P 100 index. That means his haul can become significantly smaller, or much bigger. Pichai’s annual salary was US$650,000 (RM2.83mil) in 2019, according to a proxy statement filed with regulators on Friday. The company has said that will rise to US$2mil (RM8.71mil) this year.