![\"\"](\"\/\/www.iser-br.com\/Themes\/Release\/images\/responsive\/ettelecom-default.jpg\")
The Google<\/a> chief executive officer hasn’t received an equity award in more than two years. A key reason is that Pichai turned down a big new grant of restricted stock in 2018 because he felt he was already paid generously, according to a person familiar with the decision.
It’s unclear how much he passed up. But another giant payday - on top of hundreds of millions of dollars in previous awards - could have sparked a new round of controversy for the mild-mannered executive.
Technology companies are being increasingly blamed for all sorts of societal ills - including rising income inequality. Pichai, given the top job in 2015 for his engineering prowess, has had to address these concerns, while juggling a host of other politically charged issues.
“He may have looked at these numbers and said: ‘I’ve had enough’ - or he might just be trying to manage the optics of his pay,” said David Larcker, a professor who researches corporate governance at Stanford Graduate School of Business.
\n \n \n \n \n \n
The board of Google parent Alphabet<\/a> Inc. is scheduled to revisit the CEO’s pay later this year, said the person, who asked not to be identified discussing private matters. By then, almost all Pichai’s previous stock awards will have vested. That makes him an anomaly among U.S. corporate leaders, and is even raising questions about what’s next for the 46-year-old.
“Clearly there’s very little retentive effect left for Pichai,\" said Fabrizio Ferri, an associate professor at the University of Miami who studies executive pay.
A Google spokeswoman declined to comment, and said the Alphabet board won’t comment either. The company and its directors have said nothing publicly about the CEO leaving any time soon. Pichai has never mentioned moving on either.
Google is known for its willingness to pay lavishly to attract and keep talented employees in the executive suite and beyond. Pichai had been among the top benefactors.
In 2014, shortly before Pichai was promoted to take over many of Google co-founder Larry Page’s responsibilities, he received restricted stock worth about $250 million. The following year, when he became Google CEO, he got $100 million of stock. And in 2016, Pichai received another grant worth almost $200 million.
That was the year the Google CEO job began to morph from a technical leadership role into a political minefield. Employees marched in protest of President Donald Trump’s immigration plan in early 2016. Less than a year later, a memo from James Damore, a Google engineer claiming the company was biased against conservatives, exploded into a national scandal.
In 2018, Google workers revolted over a military contract and a proposed censored search engine in China. In the fall of that year, thousands of staff walked out of their offices after discovering the company had given big bonuses to executives accused of sexual harassment.
\n \n \n \n \n \n
At a staff meeting earlier this year, one Google worker asked why Pichai was paid hundreds of millions of dollars, while some employees struggle to afford to live in Silicon Valley<\/a>, people familiar with the situation told Bloomberg at the time.
The criticism has been just as loud from outside the company. Google is facing multiple antitrust investigations around the world, and rising scrutiny in the U.S. over its size, power and access to personal data. Co-founders Page and Sergey Brin, have stepped away from day-to-day management, and former CEO Eric Schmidt, who used to handle politics, is leaving the board.
On Dec. 11, just over three years after taking the CEO job, a noticeably grayer Pichai sat before Congress being questioned about the political slants of his staff and algorithms, Chinese censorship and surveillance, and even a conspiracy theory about Hillary Clinton that spread on Google’s YouTube video service.
\"Sundar is aging quickly,\" said Matt McGowan, a former Google executive who left in 2016. \"When you have a billion customers around the world, there’s always going to be hundreds of people who disagree with your decisions. And they’re loud.\"
People who have worked with Pichai describe him as a consensus-builder who shies away from conflict. Key parts of the CEO job nowadays, like testifying before Congress and policing internal rancor, are not his favorite.
\"He’s not a well-seasoned CEO who has been through these types of crises before. But he appears to be learning quickly,\" McGowan said.
Pichai has revived revenue growth at Google, helping shares of parent Alphabet Inc. rise more than 50% since he took over the internet giant. However, the company missed Wall Street estimates last quarter and the CEO frustrated analysts on a recent conference call.
Reputation Institute, a management consultant, ranked Pichai first among major CEOs last year. In this year’s ranking, Pichai fell out of the top 10. \"Maybe there are a few elements of doubt around his leadership credentials,\" said Stephen Hahn-Griffiths, an executive at Reputation Institute.
Since that big 2016 stock award, Pichai has collected a $650,000 annual salary and typical CEO perks such as the cost of personal security. As of Tuesday’s close, he had 51,249 unvested Google shares, worth about $58.1 million, left to earn. They will vest in June, September and December, regulatory filings show.
<\/body>","next_sibling":[{"msid":69570195,"title":"Setting minimum broadband speed not possible technically, say telcos","entity_type":"ARTICLE","link":"\/news\/setting-minimum-broadband-speed-not-possible-technically-say-telcos\/69570195","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"seoschemas":false,"msid":69570669,"entity_type":"ARTICLE","title":"Sundar Pichai, once among world's highest paid execs, hasn't received an equity award in 2 years","synopsis":"A key reason is that Pichai turned down a big new grant of restricted stock in 2018 because he felt he was already paid generously, according to a person familiar with the decision.","titleseo":"telecomnews\/sundar-pichai-once-among-worlds-highest-paid-execs-hasnt-received-an-equity-award-in-2-years","status":"ACTIVE","authors":[],"Alttitle":{"minfo":""},"artag":"Bloomberg","artdate":"2019-05-30 08:07:27","lastupd":"2019-05-30 08:07:27","breadcrumbTags":["Sundar Pichai","google","alphabet","salaries","Industry","silicon valley"],"secinfo":{"seolocation":"telecomnews\/sundar-pichai-once-among-worlds-highest-paid-execs-hasnt-received-an-equity-award-in-2-years"}}" data-authors="[" "]" data-category-name="" data-category_id="" data-date="2019-05-30" data-index="article_1">
- Telecom乐动扑克News
- 4分钟阅读
Sundar Pichai,一旦全球薪酬最高的高管中,没有收到2年的股权奖励
一个关键原因是,Pichai拒绝了一个大的新2018年授予的限制性股票,因为他觉得他已经支付了慷慨的,据一位知情人士的决定。< / p >
的谷歌首席执行官没有收到两年多的股权奖励。一个关键原因是,Pichai拒绝了一个大的新2018年授予的限制性股票,因为他觉得他已经支付了慷慨的,据一位知情人士的决定。
目前尚不清楚有多少经过。但另一个巨型发薪日——在数亿美元在之前的奖项——可能引发了新一轮的温和的行政争议。
科技公司正在越来越多地指责为各种社会弊病,包括不断上升的收入不平等。Pichai,鉴于2015年最高职位的工程能力,必须解决这些问题,而在许多其他政治性的问题。
”他看着这些数字,说:“我受够了”——或者他可能只是试图管理他的薪酬的光学,”大卫·拉克尔说教授研究公司治理在斯坦福大学商学院。
谷歌董事会的父母字母公司定于今年晚些时候重新审视CEO的薪酬,这个人说,他不愿透露姓名的讨论私事。那时,几乎所有Pichai之前的股票奖励授予。这使他异常在美国企业领导人,甚至是质疑46岁的下一步是什么。
“显然有很少留给Pichai记性好的影响,“Fabrizio费里说,迈阿密大学的副教授研究高管薪酬。
谷歌一位发言人拒绝置评,说字母表董事会也不会发表评论。公司及其董事公开说什么首席执行官很快离开。Pichai从未提到上移动。
谷歌愿意支付慷慨闻名吸引和留住有才华的员工在行政套房。Pichai已经跻身前捐助者。
2014年,前不久Pichai被提升为接管许多Google联合创始人拉里•佩奇(Larry Page)的责任,他收到了限制性股票价值约2.5亿美元。第二年,他成为谷歌首席执行官时,他得到了1亿美元的股票。2016年,格兰特Pichai收到另一个价值近2亿美元。
那一年的谷歌首席执行官的工作开始变形技术领导角色变成了一个政治雷区。员工游行抗议总统的唐纳德·特朗普的移民计划在2016年初。不到一年之后,詹姆斯Damore的备忘录中写道,谷歌工程师声称该公司对保守派有偏见,爆炸成一个全国性的丑闻。
2018年,谷歌工人起义的军事合同,提出审查在中国的搜索引擎。在那一年的秋天,数以千计的员工走出办公室后发现该公司给了巨额奖金高管被指控性骚扰。
今年早些时候,在一次员工会议上一名谷歌员工问为什么Pichai支付数亿美元,虽然有些员工难以承受硅谷知情人士告诉彭博。
批评已经从公司外部一样响亮。谷歌面临多个世界各地的反垄断调查,和不断上升的审查在美国对其大小、权力和访问个人数据。联合创始人佩奇和谢尔盖•布林,已经远离日常管理,和前首席执行官埃里克•施密特(Eric Schmidt)用于处理政治,是谁离开董事会。
12月11日,就在接受CEO工作三年之后,一个明显的苍白的Pichai就坐在国会被问及他的员工的政治偏和算法,中国的审查制度和监视,甚至阴谋论关于希拉里•克林顿(Hillary Clinton),谷歌的YouTube视频服务。
“Sundar正在迅速老龄化,”马特•麦高文说,谷歌前高管在2016年离开。“当你有十亿个世界各地的客户,总是有数百人不同意你的决定。和他们吵。”
人共事Pichai描述他作为主抓回避冲突。关键部件的CEO工作现在,像在国会作证,警察内部的怨恨,不是他的最爱。
“他不是滋味的CEO已经通过这些类型的危机。但他似乎学习很快,”麦高文说。
Pichai又唤起了谷歌的收入增长,帮助家长字母表inc .的股价上涨逾50%自从他接管了这家互联网巨头。然而,该公司上个季度低于华尔街预期和CEO沮丧的分析师在最近的一个电话会议。
声誉研究所管理顾问,去年排名Pichai第一次主要的ceo中。在今年的排名中,Pichai跌出前十。“也许有一些元素的怀疑在他的领导下凭证,”Stephen Hahn-Griffiths说一位高管的声誉研究所。
自2016年大股票奖励,Pichai收集了650000美元的年薪和典型的CEO津贴等个人安全的成本。周二收盘,他51249年手中持有谷歌股票,价值约5810万美元收入。他们将归属于6月、9月和12月,提交给监管机构的文件显示。
评论
现在评论 阅读评论(1)所有评论
找到这个评论进攻?
下面选择你的理由并单击submit按钮。这将提醒我们的版主采取行动