“Pichai also received two other stock grants, of $120 million and $30 million, neither tied to performance but subject to his continued employment,”the report said, citing the filing.
Signalling the end of an era, Google co-founders Larry Page and Sergey Brin decided to relinquish their current positions in the parent company Alphabet earlier this month, making India-born Pichai the CEO of both Google and Alphabet.
Pichai, who grew up in Chennai and studied engineering at the Indian Institute of Technology, holds a master’s degree from Stanford University and an MBA from the Wharton School.