Alphabet has decided to give CEO Sundar Pichai a pay package that could amount to USD 692 million over the next three years. His base salary remains just at USD 2 million per year, as he is not eligible for cash bonuses.
The information was disclosed by the company during a SEC filing, which read: “There is no change to Mr. Pichai’s annual salary of USD 2 million.” The compensation package, that includes multiple stock-based incentives tied to shareholder returns, along with the performance of Alphabet businesses, also has another striking point: a significant presence of performance stock units (PSUs) with a target value of USD 126 million, divided into two equal tranches.
According to the SEC filing, these PSUs have been tied to Alphabet’s total shareholder return compared with the businesses registered in the S&P 100 index. Sundar Pichai’s payout could rise to twice the target amount, or USD 252 million, if Alphabet significantly outperforms peer companies in the American tech circle. If the company underperforms, the PSU payout could fall to zero. Also, the Alphabet CEO will further receive USD 84 million in restricted stock till 2029.
Apart from ensuring that Sundar Pichai continues to receive an annual base salary of USD 2 million, Alphabet has also included additional stock incentives tied to the growth of two of its technology businesses, Waymo and Wing Aviation.
According to the filing, the incentives will pay up to 200% of the target value to the Alphabet CEO, if performance goals for the businesses are met or exceeded. In that case, Sundar Pichai’s compensation by 2029 will reach USD 692 million.
Sundar Pichai, who became Google’s CEO in 2015, has helped the company increase its market capitalisation from about USD 535 billion to approximately USD 3.6 trillion. In January 2026, the figure, for a brief period, crossed the USD 4 trillion mark.
Sundar Pichai is not the only one getting a big pay package. NVIDIA CEO Jensen Huang is also getting USD 4 million per annum as part of his revenue success.
However, the salary would amount to less than 10% of his annual compensation. The tech maverick, known as one of the prominent faces of the ongoing AI and semiconductor revolution in Silicon Valley, sold around six million NVIDIA shares in 2025, fetching him USD 925 million. He still owns around 3.5% of the corporation, amounting to a net worth of USD 150 billion. Jensen Huang is the 10th-wealthiest individual in the world, according to the latest Bloomberg reporting.
Just like Google, NVIDIA has also seen a great 2025 with a 65% year-over-year rise and a full-year revenue of USD 215.9 billion. Though growth has been exponential in the last year, it’s important to note that for the last six months, the trajectory has more or less flatlined.