{"id":315052,"date":"2017-04-30T09:55:27","date_gmt":"2017-04-30T09:55:27","guid":{"rendered":"http:\/\/citifmonline.com\/?p=315052"},"modified":"2017-04-30T09:55:27","modified_gmt":"2017-04-30T09:55:27","slug":"google-ceo-made-nearly-200-million-last-year","status":"publish","type":"post","link":"https:\/\/citifmonline.com\/?p=315052","title":{"rendered":"Google CEO made nearly $200 million last year"},"content":{"rendered":"

Google CEO Sundar Pichai received nearly $199.7 million in compensation last year, double the amount he made in 2015, according to a filing Friday from Google’s parent company, Alphabet(GOOGL<\/span>, Tech30).<\/p>\n

Pichai’s base pay was a mere $650,000. On top of that, he received a stock award for $198.7 million. The company’s compensation committee attributed the lavish pay to Pichai’s promotion to CEO and “numerous successful product launches.”<\/p>\n

Pichai, a longtime Google executive, took over as CEO as part of a corporate restructuring in 2015. Larry Page, Google’s cofounder and previous CEO, shifted his focus to growing new businesses under the Alphabet umbrella.<\/p>\n

Related: Google cofounder’s ‘flying car’ makes its debut<\/span><\/p>\n

Under Pichai, Google has boosted sales from its core advertising and YouTube business, while also investing in machine learning, hardware and cloud computing.<\/p>\n

In 2016, Google unveiled new smartphones, a virtual reality headset, a router, and a voice controlled smart speaker similar to the Amazon Echo.<\/p>\n

These efforts have started to pay off for the company.<\/p>\n

Google’s “other revenues,” a category that includes hardware and cloud services, hit nearly $3.1 billion in the most recent quarter, a gain of about 50% from the same quarter a year earlier.<\/p>\n

Alphabet’s stock has soared this year, pushing it above a $600 billion market cap this week for the first time.<\/p>\n

–<\/p>\n

Source: CNN<\/p>\n","protected":false},"excerpt":{"rendered":"

Google CEO Sundar Pichai received nearly $199.7 million in compensation last year, double the amount he made in 2015, according to a filing Friday from Google’s parent company, Alphabet(GOOGL, Tech30). Pichai’s base pay was a mere $650,000. On top of that, he received a stock award for $198.7 million. The company’s compensation committee attributed the […]<\/p>\n","protected":false},"author":14,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"jnews_override_counter":[],"footnotes":""},"categories":[106],"tags":[],"class_list":["post-315052","post","type-post","status-publish","format-standard","hentry","category-technology"],"_links":{"self":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/315052","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=315052"}],"version-history":[{"count":0,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/315052\/revisions"}],"wp:attachment":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=315052"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=315052"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=315052"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}