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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

#111

Post by juujian »

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?

He has been CEO since 2015. Would it be a stretch to blame him for the current company culture of nurturing new products left and right just to kill them off after 3-5 years?

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

#112

Post by kubb »

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?

Good for you that you're from Denmark. It seems like an amazing country that I would love to visit and spend some time or even live in, but I'm afraid I couldn't fall in love with the language.

Unions can ensure that the employees get a fair share of the revenue in proportion to the upper mgmt. They also can remove artificial promotion hurdles, that at Google happens according to destructive internal dynamics.

Such dynamics result in deprecating useful and loved products and instead promoting parasitic internal interest groups that can stranglehold growth and innovation in the company.

Ultimately, unions give the employees a voice in shaping the company. Now they can walk out, write posts on internal mailing lists, but at the end of the day they're still in a dictatorship, and they have to accept the decisions of the higher ups, and they won't be asked about their opinion.

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

#113

Post by paulsutter »

If anything the issue is that Google remains vastly overbloated. The large tech companies have been hoarding very skilled people and letting their abilities atrophy, trapped by high pay. It’s bad for Silicon Valley, bad for the individuals, and bad for progress.

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

#114

Post by jb1991 »

passwordoops wrote: post #5

... And getting caught flat-footed against Microsoft (and Adobe, but but not as loudly) in the precise field Alphabet is supposedly the insurmountable leader. Remind me again how big-co CEOs assume "all the risk"?

> And getting caught flat-footed against Microsoft (and Adobe, but but not as loudly)

Where does Adobe fit into this, are they even competitors?

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

#115

Post by hammyhavoc »

onos wrote: post #90
spaceman_2020 wrote: post #26

Earlier quoted context omitted.

What's even the risk? If the CEO of Google gets fired, he just ends up as the CEO of another Fortune 500 company. If he can't even land that role, he can just go around pocketing $50k/event speaking fee. Of course, that's only if he doesn't want to degrade himself by taking on a VP-level role at another Fortune 500 company.

226M / 50k ~ 4000 events a year. Poor fellow couldn’t pull that off.

Bold to assume anybody needs $226m a year to live.

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

#116

Post by bottom999mottob »

andrewstuart wrote: post #93
genericacct wrote: post #85

Earlier quoted context omitted.

None of which started during his reign, am i wrong?

Well he hasn’t ruined them. That’s the standard we’re talking here.

The bar is astronomically low

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

#117

Post by lordnacho »

bombardier6789 wrote: post #43

If you ever have been in leadership interviews then you will know that firing people is one of the quality one needs to evaluate or prove. This is just business as usual for these roles and a lot of people shy away from these roles due to "responsibilities" such as this.

Oh come on, you can always find someone who will do it. Try to think of a company that does something odious that somehow can't find candidates to be CEO.

Now note that Google has a mostly positive reputation in society at large.

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

#120

Post by stanwesley »

lawn wrote: post #101
s1k3s wrote: post #66

Earlier quoted context omitted.

Did he make them money?

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?

> we should be able to demand a bit more

Are you a major shareholder?

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