Alphabet Raises Sundar Pichai’s Potential Pay Package to $692 Million Over Three Years

New Delhi: Alphabet Inc. has significantly increased the potential compensation package of its CEO Sundar Pichai to $692 million (approximately ₹63,61,79,82,000) over the next three years, placing him among the highest-paid corporate executives globally, according to a report by the Financial Times.

A major portion of the package consists of performance stock units (PSUs) valued at $126 million, which are divided into two equal tranches. These stock awards are linked to Alphabet’s total shareholder return relative to the S&P 100. Depending on the company’s performance, the value of these PSUs could double to $252 million if targets are exceeded, or fall to zero if the benchmarks are not met.

In addition, Pichai will receive $84 million in restricted stock, which will vest monthly over a three-year period. His package also includes an annual base salary of $2 million, the report said.

Additional Stock Incentives

Alphabet has also introduced new stock incentives worth up to $350 million, tied to the performance and growth of its autonomous technology ventures.

Under this plan, Pichai is set to receive $130 million in stock from Waymo and $45 million in shares from Wing Aviation. Both awards could reach up to 200 per cent of their target value if the businesses achieve strong performance.

Alphabet’s board stated that these incentives reflect the company’s confidence in Pichai’s leadership and his oversight of Waymo and Wing, which it described as initiatives tackling major technological challenges in autonomous driving and drone delivery systems

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Growth Under Pichai’s Leadership

Since assuming the role of CEO in August 2015, Pichai has overseen remarkable growth at Alphabet. During his tenure, the company’s market capitalisation has surged nearly sevenfold—from about $535 billion to $3.6 trillion, briefly touching $4 trillion in January.

The 53-year-old Indian-born executive joined Google in 2004. Before rising to the top position, he played a key role in developing the Chrome browser and later led the company’s Android operating system division.

Personal Shareholdings

Earlier this week, Pichai sold 32,500 Class C shares valued at approximately $9.8 million. According to reports, he and his wife together hold 1.67 million Google shares, worth about $498 million, based on Friday’s closing price of $298 per share.

Comparison with Other Tech Leaders

Pichai’s potential compensation far exceeds the earnings of several other technology industry leaders. In fiscal 2025, Satya Nadella earned $96.5 million as CEO of Microsoft, while Tim Cook received $74.3 million from Apple Inc..