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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

Mark Bergen & 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 ...

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First Published: Wed, May 29 2019. 18:51 IST
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