Google CEO Becomes Highest Paid Executive in USA
The boss of Google Sundar Pichai has become America's highest paid CEO after being handed $US199 million in shares.
The Google chief executive joined the company since 2004, initially leading product management on a number of Google's client software products, including Google Chrome] and Chrome OS, as well as being largely responsible for Google Drive. He also oversaw the development of Gmail and Google Maps.
He previously worked in engineering and product management at Applied Materials and as a management consultant at McKinsey & Company.
It comes at a time of heightened scrutiny of Google's tax affairs, following the company's deal with HM Revenue & Customs to pay back taxes dating from 2005.
Last week, Alphabet - Google's parent company - surpassed Apple as the world's most valuable firm after it reported a profit of $4.9bn (£3.4bn) in the three months to the end of December, an increase from $4.7bn a year ago.
On an annual basis, Alphabet made $16.3bn, but the figures showed that the "Other Bets" business lost $3.6bn during the period, while Google's operating income rose to $23.4bn, as online advertising increased.
The Google chief executive joined the company since 2004, initially leading product management on a number of Google's client software products, including Google Chrome] and Chrome OS, as well as being largely responsible for Google Drive. He also oversaw the development of Gmail and Google Maps.
He previously worked in engineering and product management at Applied Materials and as a management consultant at McKinsey & Company.
It comes at a time of heightened scrutiny of Google's tax affairs, following the company's deal with HM Revenue & Customs to pay back taxes dating from 2005.
Last week, Alphabet - Google's parent company - surpassed Apple as the world's most valuable firm after it reported a profit of $4.9bn (£3.4bn) in the three months to the end of December, an increase from $4.7bn a year ago.
On an annual basis, Alphabet made $16.3bn, but the figures showed that the "Other Bets" business lost $3.6bn during the period, while Google's operating income rose to $23.4bn, as online advertising increased.
The top ten highest paid US chief executives of 2015
- John Hammergren, pharmaceutical firm McKesson: $131.2m
- Ralph Lauren, founder of fashion house Ralph Lauren: $66.7m
- Michael Fascitelli, real estate investment trust Vornado Realty: $64.4m
- Richard Kinder, energy infrastructure firm Kinder Morgan: $60.9m
- David Cote, conglomerate Honeywell: $55.8m
- George Paz, pharmaceutical services firm Express Scripts: $51.5m*
- Jeffery H Boyd, travel and tourism website Priceline.com: $50.2m*
- Stephen Hemsley, US health insurance firm UnitedHealth Group: $48.8m*
- Clarence P Cazalot, Marathon Oil: $43.7m
- John C Martin, biotech company Gilead Sciences: $43.2m
Source: Forbes Magazine and BBC
Google CEO Becomes Highest Paid Executive in USA
Reviewed by Unknown
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2/11/2016
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Reviewed by Unknown
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2/11/2016
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