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Red Cent

$$$$$$$$$$$$$$

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Lordy!!

 

 

"Sundar Pichai is getting a hefty pay raise.

The new Alphabet Inc. chief executive officer will receive $240 million in stock awards over the next three years if he hits all of his performance targets, as well as a $2 million annual salary beginning in 2020, the firm said Friday in a filing.

If Alphabet shares outperform the S&P 100 Index, Pichai could receive an additional $90 million in stock grants. It’s the first time the company has bestowed performance-based stock awards.

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Don’t care. I okay with what I’ve got.

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While I doubt that any individual is worth that kind of benefit and compensation package,  if he is smart enough to negotiate it and the company is stupid enough to agree to it, more power to him.

 

I wouldn't mind negotiating and getting a hundredth of that.

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But I'll bet you sports guys will say Billy Ray Bob pitching for the Guam Has Beens is getting $5 million a year and worth every penny of it!

One throws/catches/hits/runs with a ball of some sort and the other is making the company and its shareholders millions. Seems equal.

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