Google boss becomes highest-paid chief executive in US
The chief executive of Google, Sundar Pichai, has become the highest paid corporate boss in the US.
According to a filing with the US Securities and Exchange Commission by Alphabet, the parent company of Google, Pichai has been awarded 273,328 Alphabet shares currently worth $199m (£138m).
The new award of shares takes Pichai's total stock value to approximately $650m, with the latest award’s valuation putting him above John Hammergren of pharmaceutical firm McKesson, whose package was worth $131.2m in 2015, according to Forbes.
Larry Page and Sergey Brin, founders of Google, have fortunes worth $34.6bn and $33.9bn respectively.
Pichai joined the company in 2004 rising through Google’s ranks. He has previously worked at Applied Materials and at McKinsey & Company.