Sundar Pichai, CEO, Alphabet
Lluis Gene | AFP | Getty Images
Alphabet CEO Sundar Pichai received $226 million in total compensation in 2022, most of which came through stock awards, according to a securities report filed by the company on Friday.
Pichai was awarded $218 million in equities last year through a triennial stock grant. His annual salary was $2 million from 2020 to 2022, the filing stated. The CEO’s compensation package also included almost $6 million for personal security in 2022.
Other Alphabet and Google principal executives made approximately $22 million to $35 million in annual stock awards, according to the filing.
The report comes as Alphabet is initiating cost restructuring measures, including layoffs in January that eliminated 12,000 workers, or 6% of its workforce. Google’s finance chief Ruth Porat announced earlier in April that the company would be cutting back on employee laptops and services to further reduce costs.