{"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\/2017\/04\/google-ceo-made-nearly-200-million-last-year\/","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":[],"categories":[106],"tags":[],"yoast_head":"\n