Alphabet Inc.'s CEO, Sundar Pichai, received a pay package of $226 million in 2022, primarily boosted by a triennial stock award worth $218 million.
Pichai's 2022 pay is much higher than his 2021 pay, which was $6.3 million, a year in which he didn't receive a stock award.
The stock award, which is given on a three-year schedule, is the reason for the increase in Pichai's pay package this year.
Pichai's pay package is much higher than his peers at Alphabet, with Prabhakar Raghavan and Philipp Schindler taking home about $37 million each, while CFO Ruth Porat's compensation was $24.5 million.