Corporate Sector News Update- In 2015, Sundar Pichai was the Highest-Paid Official in the world. ⇶Sundar Pichai, CEO of Alphabet, the parent company of Google, received Rs 2144.53 as compensation in 2019. This is more than the compensation received by an executive in the world. Sundar Pichai was promoted from CEO of Google last year to CEO of Alphabet.
⇶ In the recent corporate business news, according to the Market watch's report, Indian American Pichai compensation in google had reached Rs 1524 Crore The report noted that Sundar's compensation surge has been due to the stock awards tied to his promotion as CEO of Alphabet.
⇶The stock awards depend on what returns have been received on Alphabet stock compared to other companies. In this, his salary can also rise from the present level. According to information given to the market regulator, Sundar's annual salary in 2019 was more than Rs 4.5 crore. This year it will increase to 14 crores.
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