Google's Sundar Pichai Received Nearly $200 Million in Compensation in 2016
Google's 44-year-old India-born CEO Sundar Pichai obtained almost $2 hundred million (roughly Rs. 1,286 crores) in reimbursement final yr, double the amount he were given in 2015.
Pichai obtained a salary of $650,000 (more or less Rs. four.1 crores) closing yr, barely much less than the $652,500 (kind of Rs. four.19 crores) he earned in 2015.
but the lengthy-time Google employee, who become named CEO at some stage in the agency's re-enterprise in August 2015, received a stock award of $198.7 million (kind of Rs. 1,278 crores) in 2016, more or less double his 2015 stock award of $99.eight million (kind of Rs. 641.five crores).
The company's compensation committee attributed the lavish pay to Pichai's advertising to CEO and "severa a success product launches", the CNN stated.
Larry page, Google's co-founder and previous CEO, shifted his awareness to growing new corporations below the Alphabet umbrella.
under Pichai, Google has boosted sales from its middle advertising and YouTube business, whilst also making an investment in machine mastering, hardware and cloud computing, the document said.
In 2016, Google unveiled new smartphones, a virtual truth headset, a router, and a voice controlled smart speaker.
these efforts have commenced to pay off for the company.
Google's "different revenues", a category that consists of hardware and cloud services, hit almost $3.1 billion (more or less Rs. 19,930 crores) in the maximum recent zone, a advantage of about 50 percentage from the equal quarter a 12 months earlier.
Alphabet's inventory has soared this yr, pushing it above a $six hundred billion (more or less Rs. 38,57,301 crores) market cap this week for the first time, the file stated.
Pichai obtained a salary of $650,000 (more or less Rs. four.1 crores) closing yr, barely much less than the $652,500 (kind of Rs. four.19 crores) he earned in 2015.
but the lengthy-time Google employee, who become named CEO at some stage in the agency's re-enterprise in August 2015, received a stock award of $198.7 million (kind of Rs. 1,278 crores) in 2016, more or less double his 2015 stock award of $99.eight million (kind of Rs. 641.five crores).
The company's compensation committee attributed the lavish pay to Pichai's advertising to CEO and "severa a success product launches", the CNN stated.
Larry page, Google's co-founder and previous CEO, shifted his awareness to growing new corporations below the Alphabet umbrella.
under Pichai, Google has boosted sales from its middle advertising and YouTube business, whilst also making an investment in machine mastering, hardware and cloud computing, the document said.
In 2016, Google unveiled new smartphones, a virtual truth headset, a router, and a voice controlled smart speaker.
these efforts have commenced to pay off for the company.
Google's "different revenues", a category that consists of hardware and cloud services, hit almost $3.1 billion (more or less Rs. 19,930 crores) in the maximum recent zone, a advantage of about 50 percentage from the equal quarter a 12 months earlier.
Alphabet's inventory has soared this yr, pushing it above a $six hundred billion (more or less Rs. 38,57,301 crores) market cap this week for the first time, the file stated.
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