C-suite at Alphabet make B-A-N-K from 2024 equity awards
(2025/05/14)
- Reference: 1747218786
- News link: https://www.theregister.co.uk/2025/05/14/alphabet_exec_pay_2024/
- Source link:
The C-suite at Google's parent Alphabet collectively scooped up more than $215 million in compensation for 2024, and the CEO was the worst paid among them.
The financial rewards are contained in a proxy statement the mega-ad-cum-cloud corp [1]filed recently [PDF] ahead of its Annual Meeting of Stockholders on June 6.
CEO Sundar Pichai picked up a total of $10.725 million, comprised of a $2.015 million base salary – up marginally on the year prior – stock awards of $405,630, and all other compensation of $8.304 million. This was up 21.8 percent on 2023 but pales compared to $225.9 million he netted in 2022.
[2]
It's all about equity awards. They can't come thick and fast every year or employees and shareholders can get a bit twitchy. And with a net worth in the region of $1.1 billion, readers can rest easy that Pichai is doing just fine.
[3]
[4]
How about his generals? The new CFO, Anat Ashkenazi, was awarded $49.98 million, including a whopping $38.5 million in stock awards, and a $9.9 million bonus. She'd fit right in with the culture at Vulture Towers.
Her predecessor, Ruth Porat, was paid $30.16 million, including $27 million in stock awards.
[5]Nvidia boss gets 45% pay bump, but is the billionaire happy?
[6]IBM boss Arvind Krishna pockets 23% pay rise to $25M
[7]Tim cooking up the dough as his Apple pay rises 18% to $74.6M
[8]HP CEO pay for 2024 = 261,658 toner cartridges
Prabhakar Raghavan, senior veep for Knowledge and Information at Google, was awarded $46.99 million, up 12 percent year-on-year. Stock awards were $43.97 million. Chief business officer Philip Schindler's package was worth $47 million, also up 12 percent, and his stock awards amounted to the same $43.97 million.
Poor old Kent Walker, chief legal officer, had to make do with $27.14 million in stock awards, taking his total compensation to $30.16 million, up a relatively meager 10.3 percent.
[9]
It's tough at the top, but someone has to do it. As for the rest of Google's workforce, "the 2024 annual total compensation of our median compensated employee was $331,894, and the 2024 annual total compensation of our CEO was $10,725,043. The resulting ratio of Chief Executive Officer to Median Employee total compensation is 32 to 1," Alphabet says in the report.
Alphabet grew its revenue by 14 percent in [10]calendar 2024 [PDF] to $350 billion – the vast majority of this from ad sales – to report a net income of $100 billion. ®
Get our [11]Tech Resources
[1] https://abc.xyz/assets/7b/19/1cfce14d4a09a8aa9ad8580219b1/pro012701-1-alphabet-courtesy-edgar.pdf
[2] https://pubads.g.doubleclick.net/gampad/jump?co=1&iu=/6978/reg_offprem/paasiaas&sz=300x50%7C300x100%7C300x250%7C300x251%7C300x252%7C300x600%7C300x601&tile=2&c=2aCS-CgjfcFWOMGyVxskaDgAAAI0&t=ct%3Dns%26unitnum%3D2%26raptor%3Dcondor%26pos%3Dtop%26test%3D0
[3] https://pubads.g.doubleclick.net/gampad/jump?co=1&iu=/6978/reg_offprem/paasiaas&sz=300x50%7C300x100%7C300x250%7C300x251%7C300x252%7C300x600%7C300x601&tile=4&c=44aCS-CgjfcFWOMGyVxskaDgAAAI0&t=ct%3Dns%26unitnum%3D4%26raptor%3Dfalcon%26pos%3Dmid%26test%3D0
[4] https://pubads.g.doubleclick.net/gampad/jump?co=1&iu=/6978/reg_offprem/paasiaas&sz=300x50%7C300x100%7C300x250%7C300x251%7C300x252%7C300x600%7C300x601&tile=3&c=33aCS-CgjfcFWOMGyVxskaDgAAAI0&t=ct%3Dns%26unitnum%3D3%26raptor%3Deagle%26pos%3Dmid%26test%3D0
[5] https://www.theregister.com/2025/05/08/big_bucks_huang_gets_fiscal_payday/
[6] https://www.theregister.com/2025/03/14/ibm_arvind_kerching_pay/
[7] https://www.theregister.com/2025/01/14/tim_cook_apple_salary/
[8] https://www.theregister.com/2025/02/26/hp_ceo_pay_for_2024/
[9] https://pubads.g.doubleclick.net/gampad/jump?co=1&iu=/6978/reg_offprem/paasiaas&sz=300x50%7C300x100%7C300x250%7C300x251%7C300x252%7C300x600%7C300x601&tile=4&c=44aCS-CgjfcFWOMGyVxskaDgAAAI0&t=ct%3Dns%26unitnum%3D4%26raptor%3Dfalcon%26pos%3Dmid%26test%3D0
[10] https://abc.xyz/assets/a3/91/6d1950c148fa84c7d699abe05284/2024q4-alphabet-earnings-release.pdf
[11] https://whitepapers.theregister.com/
The financial rewards are contained in a proxy statement the mega-ad-cum-cloud corp [1]filed recently [PDF] ahead of its Annual Meeting of Stockholders on June 6.
CEO Sundar Pichai picked up a total of $10.725 million, comprised of a $2.015 million base salary – up marginally on the year prior – stock awards of $405,630, and all other compensation of $8.304 million. This was up 21.8 percent on 2023 but pales compared to $225.9 million he netted in 2022.
[2]
It's all about equity awards. They can't come thick and fast every year or employees and shareholders can get a bit twitchy. And with a net worth in the region of $1.1 billion, readers can rest easy that Pichai is doing just fine.
[3]
[4]
How about his generals? The new CFO, Anat Ashkenazi, was awarded $49.98 million, including a whopping $38.5 million in stock awards, and a $9.9 million bonus. She'd fit right in with the culture at Vulture Towers.
Her predecessor, Ruth Porat, was paid $30.16 million, including $27 million in stock awards.
[5]Nvidia boss gets 45% pay bump, but is the billionaire happy?
[6]IBM boss Arvind Krishna pockets 23% pay rise to $25M
[7]Tim cooking up the dough as his Apple pay rises 18% to $74.6M
[8]HP CEO pay for 2024 = 261,658 toner cartridges
Prabhakar Raghavan, senior veep for Knowledge and Information at Google, was awarded $46.99 million, up 12 percent year-on-year. Stock awards were $43.97 million. Chief business officer Philip Schindler's package was worth $47 million, also up 12 percent, and his stock awards amounted to the same $43.97 million.
Poor old Kent Walker, chief legal officer, had to make do with $27.14 million in stock awards, taking his total compensation to $30.16 million, up a relatively meager 10.3 percent.
[9]
It's tough at the top, but someone has to do it. As for the rest of Google's workforce, "the 2024 annual total compensation of our median compensated employee was $331,894, and the 2024 annual total compensation of our CEO was $10,725,043. The resulting ratio of Chief Executive Officer to Median Employee total compensation is 32 to 1," Alphabet says in the report.
Alphabet grew its revenue by 14 percent in [10]calendar 2024 [PDF] to $350 billion – the vast majority of this from ad sales – to report a net income of $100 billion. ®
Get our [11]Tech Resources
[1] https://abc.xyz/assets/7b/19/1cfce14d4a09a8aa9ad8580219b1/pro012701-1-alphabet-courtesy-edgar.pdf
[2] https://pubads.g.doubleclick.net/gampad/jump?co=1&iu=/6978/reg_offprem/paasiaas&sz=300x50%7C300x100%7C300x250%7C300x251%7C300x252%7C300x600%7C300x601&tile=2&c=2aCS-CgjfcFWOMGyVxskaDgAAAI0&t=ct%3Dns%26unitnum%3D2%26raptor%3Dcondor%26pos%3Dtop%26test%3D0
[3] https://pubads.g.doubleclick.net/gampad/jump?co=1&iu=/6978/reg_offprem/paasiaas&sz=300x50%7C300x100%7C300x250%7C300x251%7C300x252%7C300x600%7C300x601&tile=4&c=44aCS-CgjfcFWOMGyVxskaDgAAAI0&t=ct%3Dns%26unitnum%3D4%26raptor%3Dfalcon%26pos%3Dmid%26test%3D0
[4] https://pubads.g.doubleclick.net/gampad/jump?co=1&iu=/6978/reg_offprem/paasiaas&sz=300x50%7C300x100%7C300x250%7C300x251%7C300x252%7C300x600%7C300x601&tile=3&c=33aCS-CgjfcFWOMGyVxskaDgAAAI0&t=ct%3Dns%26unitnum%3D3%26raptor%3Deagle%26pos%3Dmid%26test%3D0
[5] https://www.theregister.com/2025/05/08/big_bucks_huang_gets_fiscal_payday/
[6] https://www.theregister.com/2025/03/14/ibm_arvind_kerching_pay/
[7] https://www.theregister.com/2025/01/14/tim_cook_apple_salary/
[8] https://www.theregister.com/2025/02/26/hp_ceo_pay_for_2024/
[9] https://pubads.g.doubleclick.net/gampad/jump?co=1&iu=/6978/reg_offprem/paasiaas&sz=300x50%7C300x100%7C300x250%7C300x251%7C300x252%7C300x600%7C300x601&tile=4&c=44aCS-CgjfcFWOMGyVxskaDgAAAI0&t=ct%3Dns%26unitnum%3D4%26raptor%3Dfalcon%26pos%3Dmid%26test%3D0
[10] https://abc.xyz/assets/a3/91/6d1950c148fa84c7d699abe05284/2024q4-alphabet-earnings-release.pdf
[11] https://whitepapers.theregister.com/
Ace2
Not a one of them actually did any work.
"$215 million in compensation"
What terrible thing happened to them that requires so much in compensation?