This Wednesday is going to be big for the Google Chief Executive Officer Sundar Pichai.According to the Bloomberg, on Wednesday, an award of 353,939 restricted shares he received before a promotion in 2014 will vest.
“At the end of last week, the grant was worth about $380 million, making it one of the largest single payouts to a public company executive in recent years.”45-year-old Pichai has lead Google since 2015. He received the shares before his promotion to senior vice president of products in 2014.
As Alphabet’s stock surged 90 percent, the award swelled.While he received two nine-figure stock grants since then, the company has not disclosed his compensation for 2017.
No.of Reads (42)