it was reported that Google CEO Sundar Pichai’s basic salary in 2020 has more than tripled to more than 2 million US dollars, but because he did not receive a stock award, his salary total plummeted to 7.43 million US dollars.
According to documents submitted by Google to the US Securities and Exchange Commission, Pichai’s basic salary in 2020 is 2.02 million U.S. dollars, much higher than the 650,000 U.S. dollars in 2019.
Mainly because Pichai also serves as the CEO of Google’s parent company Alphabet, and his job responsibilities have been expanded than before.
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In addition, Pichai’s 2020 “all other compensation” is USD 5.41 million, including USD 5.4 million in personal security expenses. Overall, Pichai’s total compensation in 2020 is only $7.43 million.
In comparison, Pichai’s total compensation in 2019 was as high as 280.62 million U.S. dollars, including a stock award of 276.1 million U.S. dollars.
In 2020, Alphabet’s stock price rose by 30.9%, and in 2019 it rose by 28.2%. In contrast, the S&P 500 Index rose by 16.3% in 2020 after rising 28.9% in 2019.