stock grants: It is the first time the company has bestowed performance-based stock awards, according to The Japan Times. Pichai, 47, was named to the top job this month after Google co-founders Larry Page and Sergey Brin stepped down as leaders of the firm. The new Alphabet Inc. chief executive officer will receive 240 million in stock awards over the next three years if he hits all of his performance targets, as well as a 2 million annual salary beginning in 2020, the firm said Friday in a filing. ; If Alphabet shares outperform the S&P 100 Index, Pichai could receive an additional 90 million in stock grants. Page's salary as CEO last year was 1. Pichai is no stranger to massive compensation. In terms of grants related to CEO appointments, it's behind Tim Cook's grant of 376 million when he took over Apple, said Amit Batish, marketing manager at Equilar, a firm that tracks executive compensations.
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