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Google Links More Of CEO Sundar Pichai's Pay To Performance
Google-parent Alphabet Inc said today it had approved a new equity award for Chief Executive Officer Sundar Pichai that ties more of his pay to performance. Alphabet said the award was tweaked to increase the performance stock units (PSUs) to 60% from 43% in 2019, while increasing the performance requirement for the payout. Sundar Pichai, who is given an equity award every three years, was granted two tranches of PSUs with a target value of $63 million each. The CEO was also given a grant of $84 million in the form of Alphabet's restricted stock units. Source - NDTV #googlelinks
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