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Sundar Pichai received $226M compensation, boosted by a triennial stock grant

bloomberg.com

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Re: Sundar Pichai received $226M compensation, boosted by a triennial stock grant

#231

Post by DSingularity »

0xDEF wrote: post #88
kubb wrote: post #64

The upper management at Google are so lucky that the company is filled with timid people who are averse to change and didn't unionize. Now they can safely siphon the profits for another several years until they inevitably drive the company into the ground when the ad revenue dries up, and they move to similar positions at other places with healthy revenue streams. And the rank-and-file Googlers will defend this becau…

I am from Denmark where we have strong unions protecting our working class and lower middle class. That is a good thing. However what is the benefit of ultra high income FAANG employees unionizing?

IMO: so they have a voice in matters. These companies are playing roles more impactful on the future of humanity than that played by modern nation states. And who is driving their directions? At best boards and at worst hyper-ambitious individuals looking to climb corporate ladders by any means necessary.

Re: Sundar Pichai received $226M compensation, boosted by a triennial stock grant

#232

Post by onlyrealcuzzo »

serverlessmania wrote: post #185
andrewstuart wrote: post #59

I simply don’t see what good this CEO has done. He’s destroyed googles reputation with developers. Destroyed customer trust in Google products. Done nothing to fix googles reputation for terrible customer service. Led Google to third place in cloud computing. AND been thrashed by Microsoft / ChatGPT, putting Googles core business at risk. Why is this guy CEO?

Literally, nothing good, the chore of Google business is losing ground, Chrome losing more and more users in favor of Edge, Google search taking a hit since OpenAI and Microsoft partnered together to bring AI to search, serial acquisition and sunsetting of products, worse bureaucracy in the whole tech industry, and the list goes on!

Chrome is sitting near all-time highs in market share: https://www.statista.com/statistics/268254/market-share-of-i....

Search hovers around ~90% for the last several years: https://gs.statcounter.com/search-engine-market-share

Google Cloud is growing faster than Azure & AWS for the last few years: https://www.statista.com/statistics/967365/worldwide-cloud-i....

Cloud was at ~4% market share 5 years ago, now it's at ~10%...

Android is the only major product doing somewhat poorly, and this is mostly due to Apple just completely crushing it with the iPhone.

I get that Google is the company everyone loves to hate, but the sky isn't falling on this company yet.

Re: Sundar Pichai received $226M compensation, boosted by a triennial stock grant

#233

Post by ihm »

frankfrankfrank wrote: post #148
practice9 wrote: post #55

Earlier quoted context omitted.

Risk is unevenly distributed in corporations, and employees often have more to lose on a personal level

I get your point, but to be precise, it’s more that the impact is greater, because the very nature of being an employee is the willingness to trade supposed and perceived security and ease for the potential of gains.

That’s just a story told by employers. The reality is the very nature of being an employee in most cases is to be exploited and expendable, last in line and first on the chopping block.

Re: Sundar Pichai received $226M compensation, boosted by a triennial stock grant

#234

Post by kinghtown »

hartator wrote: post #188
refurb wrote: post #154

Earlier quoted context omitted.

Under his leadership (2015 to now), Google revenues have gone from $75B to $279B, a 272% increase. Google stock was a $30/share and is now at $105/share (250% increase). That's what he's done. Just in 2022, revenues were up $23B, so his cut was 1.2% of that.

And 8 years before, it went from 10bn to 75bn. A 750% increase. He slowed down growth by 3x.

I’m not a fan of Sundar but I’d be way more pleased as an investor with 200bn growth vs 65bn.

Re: Sundar Pichai received $226M compensation, boosted by a triennial stock grant

#235

Post by sysstemlord »

hammyhavoc wrote: post #110
lawn wrote: post #101

Earlier quoted context omitted.

Google would still be making a ton of money even with a CEO that did nothing. For a $226M compensation, we should be able to demand a bit more don't you think?

Who is "we" in your comment?

We the guys discussing whether he has or hasn't done something worth hundreds of millions, you don't have to be so word picky.

Re: Sundar Pichai received $226M compensation, boosted by a triennial stock grant

#236

Post by ada1981 »

elliekelly wrote: post #168
ulfw wrote: post #162

Earlier quoted context omitted.

For 226 MILLION dollars I bet my ass a ton of VERY SMART people would want that job. Many many many.

Or maybe the smartest people have decided money isn’t everything?

People with the highest IQs tend to NOT be the highest income earners, likely for this reason.

Re: Sundar Pichai received $226M compensation, boosted by a triennial stock grant

#237

Post by SamoyedFurFluff »

redeeman wrote: post #102
capableweb wrote: post #77

Earlier quoted context omitted.

CEO fucked up, get rid of him/her. Why'd you hire so many people if you don't need it? Sounds like C-suite made the wrong call, in that case.

yes, CEO fucked up, should he now fuck up more by not firing them? you come home from the grocery store, you bought frozen goods. you are unpacking, and think you're done, so you sit down in your couch to relax, a couple of minutes later you realize you forgot to put the frozen stuff in the freezer, do you just go "oh well i dun fucked up, nothing to be done here, i'd best just admit defeat and let my wife fire me fr…

Well, it depends, did you blow the budget on meat because of your mistake? If so, yeah I think the grocery budget should be coming out your fun money personally.

Re: Sundar Pichai received $226M compensation, boosted by a triennial stock grant

#238

Post by tinyhouse »

I don't like those titles. What his salary has to do with firing people? That is what CEOs in such companies make (there aren't many Googles out there). It's reasonable to question why a single employee in a company should make so much money, but it has nothing to do with firing people.

Re: Sundar Pichai received $226M compensation, boosted by a triennial stock grant

#239

Post by baby »

andrewstuart wrote: post #59

I simply don’t see what good this CEO has done. He’s destroyed googles reputation with developers. Destroyed customer trust in Google products. Done nothing to fix googles reputation for terrible customer service. Led Google to third place in cloud computing. AND been thrashed by Microsoft / ChatGPT, putting Googles core business at risk. Why is this guy CEO?

How much influence/impact does a CEO at such a large company have tho? Is it rly his fault?
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