Apr 27, 2023
ETMarkets.comThe pay package awarded to Alphabet CEO Sundar Pichai soared to $226 million in 2022, boosted by a stock grant, making him one of the world's highest-paid corporate leaders
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The stock award portion of his 2022 compensation was $218 million. Pichai's stock award comes on a three-year schedule, and he had received $281 million in 2019.
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In January, Alphabet started cutting about 12,000 jobs, or 6% of its global workforce. The median total compensation for Alphabet employees was $279,802 in 2022.
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2022: -39%2023: 22%
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CEO compensation has become a particularly touchy topic in the tech industry - especially after a wave of layoffs at Alphabet and other major companies.
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Apple CEO Tim Cook slashed his 2023 pay after drawing ire for making $100 million each of the past two years. (Data Source: TOI)
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