Google CEO Sundar Pichai is getting a giant wage bump along with his expanded position as CEO of Alphabet.
In keeping with a current Securities and Trade Fee submitting, Pichai will obtain a $2 million wage, plus a $240 million inventory bundle that’s set to take impact in 2020. The inventory might be granted over three years and is tied to efficiency targets.
In 2018, Pichai earned $1.9 million.
His pay improve comes after Google co-founders Larry Web page and Sergey Brin stepped down earlier this month as heads of Alphabet, Google’s guardian firm.
Web page had been CEO of Alphabet and Brin was president. They’ll proceed to be concerned within the tech large as shareholders and board members.