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Politics : Formerly About Advanced Micro Devices

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From: bentway2/9/2016 11:05:45 AM
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America Has a New Highest-Paid CEO

Alphabet awarded Google chief $199M in shares

By Rob Quinn, Newser Staff
newser.com
Posted Feb 9, 2016 2:05 AM CST

(NEWSER) – Google's parent company appears to be satisfied with how Sundar Pichai has performed during his four months as Google CEO, judging by the gargantuan $199 million equity award revealed in a securities filing. Alphabet stated that Pichai was awarded 273,328 Class C Google stock units on Feb. 3, bringing his holdings to around $650 million, reports the Wall Street Journal. The award makes Pichai the highest-paid CEO in America, according to the Guardian, which notes that Pichai's fortune is dwarfed by those of Google founders Larry Page and Sergey Brin, who are worth around $34 billion each, and by that of previous CEO Eric Schmidt, who's sitting on around $3 billion. (A former Google employee was awarded exactly $6,006.13.)
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