The Google division could earn up to $692 million if Waymo autonomous taxis prove successful

New Compensation Package for Sundar Pichai

Public companies typically reward their executives not only with cash but also with equity. In the case of Google’s CEO, Sundar Pichai, a new three‑year plan allows him to earn up to $692 million if the subsidiary companies Waymo and Wing succeed.

> *Financial Times* notes that this amount would make Pichai one of the highest‑paid executives in the tech sector.

What’s Included in the Package
Compensation Type | Target Amount | Conditions
---|---|---
Preferred Alphabet Shares | $126 million (split into two tranches) | If Alphabet’s earnings exceed those of S&P 100 companies, Pichai could receive up to $252 million. Otherwise, nothing is paid.
Annual Cash Component | $2 million | Paid annually
Monthly Alphabet Shares | $84 million (over 3 years) | Distributed evenly each month
Waymo and Wing Bonuses | $350 million in shares | Upon reaching target metrics. Base scenario: $130 million for Waymo, $45 million for Wing; if expectations are exceeded, amounts double.

Final Figures
- Minimum result (if all base conditions are met): $391 million over three years.
- Maximum (if all key metrics are surpassed): $692 million.

Alphabet’s board believes that under Pichai’s leadership Waymo and Wing have made significant progress, so the new package is designed to reinforce those successes.

Brief Biography
- 2004–present – worked at Google (Chrome, Android).
- 2015 – became CEO.
- During his tenure sold shares worth $650 million.
- Currently owns, with wife Anjali, 1.67 million Alphabet shares (≈$498 million at current price).
- Founders Sergey Brin and Larry Page retain control, holding 56 % of voting power.

Thus, the new compensation package reflects Alphabet’s strategic focus on autonomous technologies and underscores the importance of Waymo and Wing’s success for the company’s future.