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Google CEO got $226 million compensation last year

Google CEO Sundar Pichai.Photo/CNBC

Google CEO Sundar Pichai received around $226 million in total compensation last year, most of which came through stock awards, according to a US securities report filed by the company on Friday.

The break down shows Pichai was awarded $218 million in equities last year through a triennial stock grant as his annual salary was $2 million from 2020 to 2022, the filing stated. The CEO’s compensation package also included almost $6 million for personal security in 2022.

According to the filing, other Alphabet and Google principal executives made approximately $22 million to $35 million in annual stock awards.

The report comes as Alphabet is initiating cost restructuring measures, including layoffs in January that sacked around 12,000 workers, or 6% of its workforce.

Google’s finance boss Ruth Porat announced earlier in April that the company would be cutting back on employee laptops and services to further reduce costs.

Writing by Tersoo Nicholas