Google CEO Sundar Pichai gets $242 million pay package after taking control of Alphabet

Google CEO Sundar Pichai got the promotion of a lifetime earlier this month, when company co-founders Larry Page and Sergey Brin relinquished control of parent company Alphabet Inc. to the longtime Google executive and stepped back after more than two decades at the search giant.

Now, Pichai’s compensation is changing to reflect his new dual role as Alphabet and Google chief executive. According to Bloomberg, which cites a financial filing published Friday, Pichai is being granted a $240 million stock package on top of a $2 million annual salary to take effect in 2020. The stock package is tied to performance metrics and will be paid over the course of three years. According to Bloomberg, Pichai could make an additional $90 million...

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