Dynamite News Google CEO Sundar Pichai made nearly $200 million in 2016
According to a filing from Google's parent company, Alphabet (GOOGL, Tech30), the company's compensation committee attributed the generous pay to Pichai's promotion to CEO and "numerous successful product launches."
New York: Google CEO Sundar Pichai doubled the amount he made in 2015, as he received nearly $199.7 million in compensation last year.
According to a filing from Google's parent company, Alphabet (GOOGL, Tech30), the company's compensation committee attributed the generous pay to Pichai's promotion to CEO and "numerous successful product launches."
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Pichai's base pay was a mere $650,000. On top of that, he received a stock award for $198.7 million.
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Under Pichai's leadership and keen eye, Google has boosted sales from its core advertising and YouTube business, while also investing in machine learning, hardware and cloud computing. (ANI)