Sundar Pichai, CEO of Google and its parent Alphabet Inc., has received a major compensation increase that could reach $692 million (around ₹6,361 crore) over the next three years. The performance-linked package places him among the highest-paid corporate executives globally.
A significant portion of the pay comes from performance stock units worth $126 million, which are tied to Alphabet’s total shareholder returns relative to companies in the S&P 100 index. If the company outperforms peers, the payout could double to $252 million, but it may drop to zero if targets are not met.
The package also includes $84 million in restricted stock that will vest monthly over three years, along with Pichai’s annual base salary of $2 million.
Additionally, Alphabet has introduced stock incentives worth up to $350 million linked to the growth of its autonomous technology businesses. These include $130 million in shares from Waymo and $45 million from Wing Aviation, both tied to performance milestones.
Pichai, who became Google’s CEO in 2015 and later took over Alphabet in 2019, has overseen massive growth at the tech giant, with the company’s market value rising nearly sevenfold during his tenure.
