Sunder Pichai gets $199 m Stocks, highest for a Google executive

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File - In this Thursday, May 28, 2015 file photo, Sundar Pichai, senior vice president of Android, Chrome and Apps, waves after speaking during the Google I/O 2015 keynote presentation in San Francisco. Google is creating a new company "Alphabet" to oversee its highly lucrative Internet business and a growing flock of other ventures, including some — like building self-driving cars and researching ways to prolong human life — that are known more for their ambition than for turning an immediate profit. Google CEO and co-founder Larry Page will be CEO of the new holding company, while longtime Google executive Sundar Pichai will become CEO of Google's core business, including its search engine, online advertising operation and YouTube video service. (AP Photo/Jeff Chiu, File)
File – In this Thursday, May 28, 2015 file photo, Sundar Pichai, senior vice president of Android, Chrome and Apps, waves after speaking during the Google I/O 2015 keynote presentation in San Francisco. Google is creating a new company “Alphabet” to oversee its highly lucrative Internet business and a growing flock of other ventures, including some — like building self-driving cars and researching ways to prolong human life — that are known more for their ambition than for turning an immediate profit. Google CEO and co-founder Larry Page will be CEO of the new holding company, while longtime Google executive Sundar Pichai will become CEO of Google’s core business, including its search engine, online advertising operation and YouTube video service. (AP Photo/Jeff Chiu, File)

Google,s Sundar Pichai is poised to become one of the highest-paid executives of a publicly traded company this year after parent Alphabet awarded him restricted stock worth about $199 million.

Pichai, who is Google’s chief executive officer, received 273,328 Class C shares on February 3 that will vest in quarterly increments through 2019 if he remains on the job, according to a filing on Friday from the Mountain View, California-based company.

Pichai, the former deputy of Google co-founder Larry Page, was named to run the search engine unit following the reorganization into holding company Alphabet last year. The award is the biggest ever given to a Google executive officer whose equity grants have to be reported in filings, according to data compiled by Bloomberg. It is Pichai’s first award since taking over the company’s highest grossing unit.

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