Alphabet's New Pay Package for Sundar Pichai: $692 Million, Half Tied to Waymo & Wing

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Alphabet Awards Sundar Pichai $692M Pay, Ties Half to Waymo & Wing Performance

Google CEO Sundar Pichai arrives for a meeting with international investors in IA at the Elysee Palace as part of the Artificial Intelligence (AI) Action Summit in Paris, France, February 10, 2025. REUTERS/Gonzalo Fuentes

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CNBC TV18•07-03-2026, 15:02

Alphabet Awards Sundar Pichai $692M Pay, Ties Half to Waymo & Wing Performance

•Alphabet approves new triennial compensation package for CEO Sundar Pichai, worth up to $692 million.
•Over half of the award is contingent on the performance of autonomous ventures Waymo LLC and Wing Aviation LLC.
•Pichai receives a direct stake in Waymo and Wing through Bet Performance Units, settling in their common units.
•The package includes time-based restricted stock units and Alphabet performance stock units; annual salary remains $2 million.
•This strategic move aims to incentivize Pichai to scale Alphabet’s "Other Bets" and boost his net worth, currently $1.6 billion.

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