Google’s India-born Chief Executive Officer Sundar Pichai took home nearly US $200 million (roughly Rs. 1,285 crore) last year, double the amount he got in 2015. Mr Pichai, 44, received a salary of US $650,000 last year, slightly less than the US $652,500 he earned in 2015.
But the long-time Google employee, who was named the company’s CEO during the company’s reorganisation in August 2015, received a stock award of US $198.7 million in 2016, roughly double his 2015 stock award of US $99.8 million.
Google’s compensation committee attributed the lavish pay to Mr Pichai’s promotion to CEO and “numerous successful product launches”, the CNN reported.
Larry Page, Google’s co-founder and previous CEO, shifted his focus to growing new businesses under the Alphabet umbrella. Under Mr Pichai, Google has boosted sales from its core advertising and YouTube business, while also investing in machine learning, hardware and cloud computing, the report said.
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