Googles Sundar Pichai is now the highest paid CEO in United States

Admin 13-Feb-2016 14:12:38 Inothernews

Googles Sundar Pichai is now the highest paid CEO in United States


Google pays approximately Rs 335 crore, or $50 million per annum, to Pachai and before the £142 million worth of shares he received, he was also given shares worth £173 million in Google's parent company Alphabet. He is entitled to claim these shares in 2018. With Google announcing the handing over a whopping £142 million (Rs 1,406 crore) worth of shares to India-born chief executive officer (CEO) Sundar Pichai, he has got a hefty boost to his pay package bringing him in the big league of his former colleague and now SoftBank chief Nikesh Arora, who is considered in the world's top salary bracket. Google pays approximately Rs 335 crore, or $50 million per annum, to Pichai and before the £142 million worth of shares he received, he was also given shares worth £173 million in Google's parent company Alphabet. He is entitled to claim these shares in 2018. Arora, who was the fourth most-important person at Google and had quit the tech giant in 2014 to join Japan's SoftBank, was appointed president of the bank last year with a salary packet of around $135 million (approx Rs 850 crore) a year, which had made him the highest paid India-born executive beating Microsoft's Satya Nadella and Pepsi chief Indra Nooyi. When asked about his phenomenal compensation, Nikesh had remarked in a television interview that "a lot of the math" around his compensation was sensational and people did not have the numbers right, but he said he "was paid well". Nadella has emerged as the top-paid CEO in the US with a pay package of $84.3 million (Rs 575 crore) a year for 2015. The Equilar 100 CEO Pay Study, an analysis of CEO salaries at the 100 largest public US companies as measured by revenue, was last year topped by Oracle's Larry Ellison, who has been now pushed by Nadella to the second position. Nooyi is ranked 19th with $19.08 million. Legendary investor Warren Buffett of Berkshire Hathaway is ranked last at 100th position with a total compensation of $464,011 million.



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