Google CEO received 300 billion KRW last year, 800 times the average employee salary

On the 17th (local time), at the Shoreline Amphitheatre in Mountain View, San Francisco, during Google's annual developer conference 'I/O 2017,' Sundar Pichai, CEO of Google, said, "We are witnessing the shift from 'mobile first' to 'AI first'." (Photo by Google)

Sundar Pichai (50), CEO of Google and its parent company Alphabet, received an annual salary of approximately 300 billion won last year.

Foreign media including Bloomberg reported on the 21st (local time) that CEO Pichai received a total of $226 million (about 301 billion won) last year, thanks to a large stock bonus he receives every three years.

According to the disclosure documents Alphabet submitted to the securities authorities, Pichai's stock bonus last year amounted to $218 million (290.4 billion won). His base salary remained at $2 million (2.7 billion won).

Pichai became Google CEO in 2015. Since December 2019, he has also served as Alphabet CEO and receives a stock bonus every three years based on performance.

Meanwhile, the average annual salary of Alphabet employees last year was $279,802 (37.27 million won). CEO Pichai's salary exceeds this by more than 800 times.

Alphabet began reducing about 12,000 jobs, equivalent to 6% of its global workforce, in January as part of restructuring efforts.

This content was produced with the assistance of AI translation services.