Sundar Pichai's Compensation For 2022 Raises Eyebrows
Recently, it was reported that Sundar Pichai, CEO of Google's parent company Alphabet, received a compensation package worth $226 million in 2022. This news comes amid the backdrop of Alphabet laying off 12,000 employees due to the global inflationary cycle and its impact on the IT sector.
Although Pichai's based salary remains unchanged, the company in a regulatory filing has given details about the composition of the CEO's compensation package. Pichai's package primarily comprises of multi-year stock awards.
The news of Pichai's compensation has turned eyeballs. While there is unanimous consensus on Pichai's leadership being a driving force in Google's success, the fact that the tech giant is laying off 12000 employees this year doesn't sit well with the section of the critics.
To Pichai's credit, he had announced earlier this year that he will be taking a cut in his salary this year but the specifics of the pay cut are not available in public records or media reports.
