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Google CEO Sundar Pichai Receives $380 Million Payout

Google CEO Sundar Pichai Receives $380 Million Payout

Google CEO Sundar Pichai has received $380 million payout, one of the biggest payout in recent years.  He had received 359,939 restricted shares in 2014, that is worth almost $380 million when the shares were vested on 25th April 2018.

” Google CEO Sundar Pichai Receives $380 Million Payout “

Sundar Pichai had joined Google in 2014, and became the CEO in August 2015, taking over from Google co-founder, Larry Page.  In October 2015, Google restructured to be under Alphabet, the parent company of Google.  In August 2015, Google (Alphabet in Oct 2015) share price was in the mid-$600, and on 25th April 2018, traded above $1,000, representing more than 60% increase.

Sundar Pichai had worked in engineering and product management at Applied Materials and in management consulting at McKinsey & Company. He did his Bachelor in Metallurgical Engineering from IIT Kharagpur, and went onto do his Masters at Stanford University in materials science and semiconductor physics and MBA from the Wharton School of the University of Pennsylvania

Source: Bloomberg, Dailymail

 

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