Sundar PichaiCEO alphabetparent company Google, received an award of 226 million US dollars (1.1 billion reais) last year.gaining a large share of the stock, becoming one of the highest paid CEOs in the US.

According to reports released on Friday (21), the chief executive received more than $218 million. His base annual salary of $2 million has not changed since 2020.

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Other executives, including Google’s senior vice president of knowledge and information Prabhakar Raghavan and chief commercial officer Philip Schindler, received about $37 million each, according to the documents. They receive shares annually.

The highest paid CEO in the world

Pichai’s compensation makes him one of the highest paid CEOs in the world. However, the news comes at a delicate moment following layoffs at Alphabet and other tech companies such as Meta and Twitter.

Alphabet cut 12,000 jobs in January and Pichai said in a memo that he “we take full responsibility for the decisions that brought us here“.

“The past two years have been marked by periods of rapid growth“, He wrote. “To accompany and drive this growth, we are hiring for an economic reality different from the one we face today.“, commented.

Pichai said the company had done a “thorough review” and that the cuts were in all “product areas, features, tiers and regions.”

Meanwhile, Apple CEO Tim Cook asked for a reduction in his compensation in 2023 after previous payout packages caused controversy among shareholders. He is expected to receive $49 million, about 40% less than in 2022.

Elon Musk, CEO of Tesla, was arguably the highest paid boss last year after selling nearly $23 billion worth of company stock to help fund his takeover of Twitter. The executive does not receive a salary or bonus from the electric vehicle manufacturer.

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Adapted from: The Wall Street Journal Source: US Securities and Exchange Commission.

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