Sundar Pichai Gets $200 million in stock

Google’s new CEO, Sundar Pichai, scored one of the most prestigious titles in the tech world last 2015, when Google appointed him as the new CEO after reconstructing its entire organization. Google, or really its new parent company, Alphabet awarded him with $200 million in stocks, set to vest quarterly over the next four years, which is enough to buy himself an island.

The award is the biggest ever given to a Google executive officer whose equity grants are reported in filings, according Bloomberg’s compiled data. It is Pichai’s first award since taking over the company’s highest-grossing unit.

Pichai, a longtime Google executive, previously ran Google’s Chrome and Android businesses and was described by his colleagues as “the better day-to-day CEO” than his predecessor and Google cofounder Larry Page. Attracting and retaining top talent like Pichai with more C-suite roles is one of the key factors behind the reconstruction.

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