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Google CEO Made Almost $200 Million in 2016

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.”

~ Bloomberg

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.

Related Reports: CNBC, Bloomberg

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About Google

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.

Visit: Google

 


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