America Has a New Highest-Paid CEO

Alphabet awarded Google chief $199M in shares
By Rob Quinn,  Newser Staff
Posted Feb 9, 2016 2:05 AM CST
Google CEO Sundar Pichai speaks to a Vietnamese startup community in Hanoi, Vietnam, on Dec. 22, 2015.   (AP Photo/Tran Van Minh)
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(Newser) – Google's parent company appears to be satisfied with how Sundar Pichai has performed during his four months as Google CEO, judging by the gargantuan $199 million equity award revealed in a securities filing. Alphabet stated that Pichai was awarded 273,328 Class C Google stock units on Feb. 3, bringing his holdings to around $650 million, reports the Wall Street Journal. The award makes Pichai the highest-paid CEO in America, according to the Guardian, which notes that Pichai's fortune is dwarfed by those of Google founders Larry Page and Sergey Brin, who are worth around $34 billion each, and by that of previous CEO Eric Schmidt, who's sitting on around $3 billion. (A former Google employee was awarded exactly $6,006.13.)

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