Wealth
Google CEO Shunned a Stock Award After Lavish Payouts
- As Pichai’s grants run out, board to weigh new compensation
- Mild-mannered engineer has been swamped by politics, uproar
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Sundar Pichai was, for years, one of the world’s highest-paid corporate executives. Now he’s facing the opposite reality: No big paychecks at all.
The Google chief executive officer hasn’t received an equity award in more than two years. A key reason is that Pichai turned down a big new grant of restricted stock in 2018 because he felt he was already paid generously, according to a person familiar with the decision.