Google CEO Sundar Pichai now owns a $199 million chunk of parent company Alphabet

Igor Bonifacic

February 8, 2016 7:58pm

After a dazzling quarter which helped it briefly surpass Apple as the most world’s most valuable company, Alphabet has rewarded Google CEO Sundar Pichai with 273,328 shares of restricted stock, according to a U.S. Securities and Exchange Commission unearthed by Bloomberg

Those stocks, currently valued at $199 million USD, represent the largest equity stake ever given to Google executive and publicly reported by the company. It’s also the first such grant given to Pichai since he took over as the CEO of Google.

The stock will vest in quarterly increments if Pichai stays with the company through to 2019.

Pichai wasn’t the only executive Alphabet executive. Diane Green, founder of VMware and current head of the company’s cloud business, received a equity stake worth $38.3 million USD.

SourceSEC
  • AbbyZFresh

    India must worship this guy more than they look up to their own leader. The ultimate immigrant success.

  • Rajiv Menon

    No worship but we definitely look upto him! The Indian heads of other big companies can be included as well! Hard work always pays off!

    • Marc Palumbo

      Guys like him and Satya Nadella really shows off the brains coming from India.

    • Lukeiphone

      It’s always brains coming “out” of India. They should really think of retaining people that can stay within the country and help the country grow.

    • Marc Palumbo

      Immigrants come to developed countries for the American dream. All developing and war torn countries lose people to immigration. But India is slowly becoming the 90s China, so we’ll see. Give them another 20-30 years…

  • Omar

    I don’t know why I read Alphabet as Apple. Been spending too much time on Mobile Syrup lol

  • N00bicals

    This is obscene. What makes him worth 2000 times more than the average employee?

  • Richard Wangly

    sundar pichai would like to buy a vowel? 🙂