Google’s recently promoted Search boss earned cash and stock worth $55 million last year


In this article

Yichuan Cao | NurPhoto | Getty Images

Google‘s recently promoted Search boss Prabhakar Raghavan made $55.25 million last year, according to the company’s annual proxy filing with the U.S. Securities and Exchange Commission.

That amount takes into account his 2020 fiscal year salary of $655,000, stock awards amounting to $54.58 million and $9,750 “other.” Alphabet generated over $182 billion in revenue in fiscal 2020.

That’s higher than Chief Financial Officer Ruth Porat’s compensation, which amounted to $50.89 million.

It’s the first time the company listed Raghavan on its executive compensation table in his new role. The filing also listed for the first time Chief Business Officer Philipp Schindler, who earned $66.38 million during the year. He’s had that role since 2015.

The financial disclosure comes nearly a year after Google’s leadership shuffle last summer, in which the company brought Search, Assistant and Ads executives together under new Raghavan, who reports to CEO Sundar Pichai. Search remains one of Alphabet’s most important businesses — the “Google Search and other” segment accounted for $104 billion in revenue last year, well ahead of other reported segments like YouTube Ads, Google Cloud, and ads sold on Google Network Members’ sites.

The 60 year-old executive now oversees Google Search, Assistant, Geo, Ads, Commerce, and Payments products. Previously, he was SVP of ads, commence and payments. 

Products You May Like

Articles You May Like

Tesla recalls more than 80,000 cars in China over software and seatbelt issues
Walmart manager who shot dead six co-workers said he was compared to serial killer Jeffrey Dahmer
‘Putin is a monster’: UK must help punish Russian war crimes, Ukraine’s first lady says
‘It was shocking to see the material was that bad’: Friend of girl who died from self-harm hits out at social media
Woman abducted as a baby reunited with family 51 years later

Leave a Reply

Your email address will not be published. Required fields are marked *