Pichai Scores $692M Pay Deal Tied to Waymo and Wing Growth
Alphabet hands CEO Sundar Pichai a massive three-year compensation package with huge stock incentives linked to autonomous ventures.
Sundar Pichai just locked in one of the biggest CEO pay packages in tech history. Alphabet is handing its chief a new three-year compensation deal worth up to $692 million.
The real kicker: up to $350 million of that comes as stock incentives directly tied to the growth of Waymo and Wing. That means Pichai's payday hinges on how well Alphabet's autonomous driving and drone delivery bets actually perform over the next three years.
The rest of the package includes stock options pegged to Alphabet's share price. It's a clear signal that the company is doubling down on its autonomous ventures and wants its CEO financially motivated to make them work.
For context, $692 million over three years dwarfs most executive compensation packages across the entire tech industry. Alphabet is betting big — and paying accordingly.