Sunday, April 30, 2017

Google CEO Sundar Pichai Received $200 Million Salary In 2016

 

As we all know, Google's CEO is Sundar Pichai, and his 2016 salary was 325,000 times more than the co-founders of the company Sergey Brin and Larry Page’s salaries combined. 




As in previous years, Brin and Page took home a salary of $1 for their roles heading the parent company of the world’s largest search engine, while their protege Pichai raked in almost $200 million in total compensation for steering the good ship Google.

Sundar Pichai’s annual salary stayed stable at $650,000 (actually $2,500 lower than in 2015) but his stock award almost doubled from $99.8 million in 2015 to $198.7 million in his first full year at the helm of Google. That saw his total compensation rise from $100.6 million to $199.35 million – not bad for your second year on the job.


Under Pichai, Google has boosted sales from its core advertising and YouTube business, while also investing in machine learning, hardware and cloud computing, the report said.
In 2016, Google unveiled new smartphones, a virtual reality headset, a router, and a voice controlled smart speaker. These efforts have started to pay off for the company.

Google’s net income rose almost 20 percent in 2016 and sales saw a 22.5 percent increase under Pichai’s leadership. At the rate Pichai is going, he’ll be earning $1 in salary before he knows it.

Source : CNBC | Android Headlines