Alphabet CEO Sundar Pichai earned hundreds of millions in 2022, according to the company’s SEC filing. Pichai received $281 million in total compensation, including $235 million in stock awards. The company’s board cited Pichai’s leadership and strategic vision for the company’s success.
Pichai’s compensation package includes a $2 million base salary, along with various stock awards and other incentives. The stock awards are based on the company’s performance and Pichai’s individual performance.
The company’s stock has performed well in recent years, with strong growth in its advertising business. Pichai has been with Alphabet since 2004 and became CEO in 2015.
Under his leadership, the company has continued to expand its offerings, including its cloud computing business and the development of its artificial intelligence technologies. Pichai has also faced criticism from some employees and lawmakers over the company’s handling of various issues, including data privacy and censorship.
In response, Pichai has pledged to do better and improve the company’s policies and practices. Pichai is not the only tech CEO to receive a large compensation package in recent years. Other top executives at companies like Apple, Amazon, and Facebook have also received significant pay packages.
Critics argue that these pay packages are excessive and highlight the growing income inequality in society. However, supporters of these pay packages argue that they are necessary to attract and retain top talent in the industry.
Regardless of the debate around executive pay, Pichai’s compensation package reflects the continued success of Alphabet and its dominant position in the tech industry. Pichai’s leadership will continue to be closely watched as the company navigates the challenges and opportunities of the digital age.