Google just gave Sundar Pichai a $692M pay package

HEADLINE: Google Awards Pichai $692M Package With AI Unit Performance Incentives

ARTICLE:

Sundar Pichai, Google's chief executive, received a $692 million compensation package with the majority tied to performance metrics, the company disclosed. The package includes new stock incentives linked to performance of Waymo, Google's autonomous vehicle unit, and Wing, its drone delivery venture.

The structure signals Google's intent to tie executive compensation directly to the performance of its high-stakes AI and robotics bets. For CFOs monitoring tech sector compensation trends, the move reflects how major technology companies are now using equity incentives to align leadership with specific business unit outcomes rather than company-wide metrics alone.

The performance-based structure means Pichai's actual realized compensation will depend on how Waymo and Wing execute against undisclosed targets.