Saturday, June 1, 2024
ADVT 
National

Google CEO Sundar Pichai Doubles His Pay Package To $198.7 Million

Darpan News Desk, 29 Apr, 2017 12:31 PM
    Google's India-born CEO Sundar Pichai received a stock award of $198.7 million in 2016, almost double his 2015 stock award of $99.8 million, a media report said.
     
    That brought his total compensation in 2016 to $199.7 million, almost twice the $100.6 million he earned in 2015.
     
    Pichai received a salary of $650,000 in 2016, slightly less than the $652,500 he earned in 2015, CNBC reported on Friday.
     
     
    Pichai's massive pay package came even as his two bosses and Google co-founders Larry Page and Sergey Brin, once again drew salaries of only one dollar for their roles as CEO and President, respectively, of parent company Alphabet. 
     
    But Page and Brin are each worth more than $40 billion through their stock holdings.
     
    According to the report, Pichai's raise came during a year when Google's sales rose 22.5 per cent and net income rose 19 per cent as it maintained its position as the top seller of internet advertising.

    MORE National ARTICLES

    British Columbia's Election Heats Up As Campaign Nears Halfway Mark

    British Columbia's Election Heats Up As Campaign Nears Halfway Mark
    VANCOUVER — British Columbia's election campaign is nearing the halfway mark and the leaders of the province's main political parties are battling for votes.

    British Columbia's Election Heats Up As Campaign Nears Halfway Mark

    Man Dead, 2 People Injured After Pickup Truck Crash In Abbotsford

    Emergency Services were called to a reported off-road crash in the area of Straiton Road and Willet Road early this morning at 3:45 am.

    Man Dead, 2 People Injured After Pickup Truck Crash In Abbotsford

    Driver Dies In Early Morning Commercial Drive Car Crash In East Vancouver

    Driver Dies In Early Morning Commercial Drive Car Crash In East Vancouver
    Firefighters Had To Cut Off The Roof Of The Driver's Car For Paramedics To Start Performing CPR

    Driver Dies In Early Morning Commercial Drive Car Crash In East Vancouver

    Liberal Leader Christy Clark Says U.S. 'Greed' Driving Softwood Spat

    Liberal Leader Christy Clark Says U.S. 'Greed' Driving Softwood Spat
    WILLIAMS LAKE, B.C. — British Columbia Liberal Leader Christy Clark says the United States lumber industry is "driven by greed," and she is the candidate who can lead the province to a softwood agreement with American producers.

    Liberal Leader Christy Clark Says U.S. 'Greed' Driving Softwood Spat

    Vancouver Field 'Trashed' During Annual 4-20 Pot Protest, Says City Official

    Vancouver Park Board officials estimate damage from Thursday's unsanctioned marijuana protest could take several weeks and thousands of dollars to repair.

    Vancouver Field 'Trashed' During Annual 4-20 Pot Protest, Says City Official

    B.C. Party Leaders Want Legal Cannabis Age Set Above 18 Years Old

    B.C. Party Leaders Want Legal Cannabis Age Set Above 18 Years Old
    VANCOUVER — The leaders of British Columbia's two main political parties agree that 18 is too young for people to be allowed to purchase marijuana under plans by the federal government to legalize the drug.

    B.C. Party Leaders Want Legal Cannabis Age Set Above 18 Years Old