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Alphabet CEO Sundar Pichai Awarded $242 Million Pay Package

  • The majority of his compensation is made up of equity awards
  • Pichai became the CEO this month after Larry Page stepped down
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Alphabet CEO Sundar Pichai Awarded $242 Million Pay Package

Sundar Pichai is getting a hefty pay raise.

The new Alphabet Inc. chief executive officer will receive $240 million in stock awards over the next three years if he hits all of his performance targets, as well as a $2 million annual salary beginning in 2020, the firm said Friday in a filing.