Industry Newsexecutive compensationequity awardsalphabetother bets
Alphabet Approves Stock Bonus For CEO
6.2
Alphabet disclosed in a regulatory filing that its board approved a new three-year stock-based compensation cycle for Google CEO Sundar Pichai, keeping his $2 million base salary and no annual cash bonus. The equity package—comprising performance stock units, restricted stock units and awards tied to 'Other Bets'—could total about $692 million over three years, aligning pay with long-term share performance.
Key Points
- 1Grants new equity package valued up to $692 million over three years to Sundar Pichai
- 2Links compensation to long-term performance via PSUs, RSUs and 'Other Bets' awards refreshed tri-annually
- 3Means sizable payouts if share price rises, reinforcing equity-based incentive trends among tech executives
Scoring Rationale
Regulatory filing provides strong credibility and timeliness, while single-company focus and limited technical relevance constrain impact.
Sources
Public references used for this report.
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