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Salary optics: Why Google CEO Sundar Pichai turned down a big stock award

The board of Google parent Alphabet Inc. is scheduled to revisit the CEO's pay later this year, according to sources in the know

Google CEO Sundar Pichai appears before the House Judiciary Committee to be questioned about the internet giant's privacy security and data collection, on Capitol Hill in Washington (Photo: AP/PTI)
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Google CEO Sundar Pichai (Photo: AP/PTI)

Mark Bergen and Anders Melin | Bloomberg
Sundar Pichai was, for years, one of the world’s highest-paid corporate executives. Now he’s facing the opposite reality: No big paychecks at all.
 
The Google chief executive officer hasn’t received an equity award in more than two years. A key reason is that Pichai turned down a big new grant of restricted stock in 2018 because he felt he was already paid generously, according to a person familiar with the decision.

It’s unclear how much he passed up. But another giant payday -- on top of hundreds of millions of dollars in previous awards -- could have sparked a new

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First Published: May 29 2019 | 6:51 PM IST

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