
Sundar Pichai could earn Rs 6,200 crore pay package as Alphabet rolls out new performance-linked plan
India Today
Alphabet CEO Sundar Pichai could earn around Rs 6,200 crore under a new three-year equity compensation plan. A part of the payout is tied to the performance of Waymo and Wing.
The chief executive of Alphabet Inc., Sundar Pichai, could receive a compensation package worth up to $692 million — roughly Rs 6,200 crore — over the next three years under a newly approved equity plan. The details were shared in a filing with the US Securities and Exchange Commission on Friday and outline how a large part of Pichai’s potential earnings will depend on the performance of some of Alphabet’s newer businesses.
The plan covers a three-year cycle and includes several equity components. While the structure is similar to the package granted to Pichai in 2022, the latest award introduces incentives connected to two ventures that began as experimental projects within Alphabet but are now expanding as independent businesses: self-driving technology company Waymo and drone delivery service Wing.
Under the new compensation structure, a portion of the payout is tied to the estimated value of Waymo. If the value assigned to the company’s equity units rises during the three-year period, Pichai could receive stock incentives worth as much as $260 million. The valuation used to determine the payout will be assessed by Alphabet’s compensation committee.
The filing does not list specific operational targets that would unlock this payout. Alphabet also declined to provide additional details about the compensation plan when contacted.
Another part of the package focuses on Wing, the company’s drone delivery business. Pichai has been granted equity units linked to Wing that could reach a value of up to $90 million depending on how the company’s value per unit changes over the next three years.
In the filing, Alphabet’s board explained the reasoning behind linking part of the CEO’s compensation to these ventures, stating that “incentivizing Mr. Pichai to focus his efforts on developing and scaling Alphabet's later stage Other Bets, such as Waymo and Wing,” would benefit the company and its stakeholders.













