Google CEO Sundar Pichai becomes highest-paid in United States
Google CEO Sundar Pichai has been awarded $199m (£138m) in shares, according to a regulatory filing by Google parent company Alphabet.
Mr Pichai became chief executive following the creation of its parent, Alphabet. It makes him the highest-paid chief executive in the US.
He received the grant for 273,328 Class C Google stock units on February 3. The valuation is based on the stock's closing price on that date. It takes his total stock value to approximately $650m.
It makes him the highest-paid chief executive in the US.
The news comes at a time of increased scrutiny of Google's tax affairs in the UK, following the firm's deal with HM Revenue & Customs to pay back taxes dating from 2005.
Last month the firm struck a controversial “sweetheart” deal with the Government to pay only £130m of back taxes on a decade’s worth of UK profits.