Google CEO Made Almost $200 Million in 2016
The Chief Executive Officer of Google Sunda Pichai received US$199.7 million in compensation for 2016. This marks the third straight year of getting a nine figure pay check. His pay raise came during a year when Google’s sales rose 22.5% and net income rose 19% as it maintain its position as the top seller of Internet advertising.
“This marks the third straight year of getting a nine figure pay check.”
His base pay in 2016 was $650,000. On top of that he received a stock award for $198.7 million. His compensation consisted mainly of 273,328 Class C shares that vest quarterly through 2019 if he is still in the job.
The Google story begins in 1995 at Stanford University. Larry Page was considering Stanford for grad school and Sergey Brin, a student there, was assigned to show him around. By some accounts, they disagreed about nearly everything during that first meeting, but by the following year they struck a partnership. Working from their dorm rooms, they built a search engine that used links to determine the importance of individual pages on the World Wide Web. They called this search engine Backrub.
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