Yichuan Cao | NurPhoto | Getty Pictures Google‘s not too long ago promoted Search boss Prabhakar Raghavan made $55.25 million final 12 months, in line with the corporate’s annual proxy submitting with the U.S. Securities and Trade Fee. That quantity takes into consideration his 2020 fiscal 12 months wage of $655,000, inventory awards amounting to
Yichuan Cao | NurPhoto | Getty Pictures
That quantity takes into consideration his 2020 fiscal 12 months wage of $655,000, inventory awards amounting to $54.58 million and $9,750 “different.” Alphabet generated over $182 billion in income in fiscal 2020.
That is larger than Chief Monetary Officer Ruth Porat’s compensation, which amounted to $50.89 million.
It is the primary time the corporate listed Raghavan on its government compensation desk in his new position. The submitting additionally listed for the primary time Chief Enterprise Officer Philipp Schindler, who earned $66.38 million in the course of the 12 months. He is had that position since 2015.
The monetary disclosure comes practically a 12 months after Google’s management shuffle final summer time, by which the corporate introduced Search, Assistant and Adverts executives collectively beneath new Raghavan, who studies to CEO Sundar Pichai. Search stays one in all Alphabet’s most vital companies — the “Google Search and different” phase accounted for $104 billion in income final 12 months, effectively forward of different reported segments like YouTube Adverts, Google Cloud, and advertisements offered on Google Community Members’ websites.
The 60 year-old government now oversees Google Search, Assistant, Geo, Adverts, Commerce, and Funds merchandise. Beforehand, he was SVP of advertisements, begin and funds.