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That quantity takes under consideration his 2020 fiscal year wage of $655,000, inventory awards amounting to $54.58 million and $9,750 “other.” Alphabet generated over $182 billion in revenue in fiscal 2020.
That’s increased than Chief Financial Officer Ruth Porat’s compensation, which amounted to $50.89 million.
It’s the primary time the corporate listed Raghavan on its government compensation desk in his new function. The submitting additionally listed for the primary time Chief Business Officer Philipp Schindler, who earned $66.38 million throughout the year. He’s had that function since 2015.
The monetary disclosure comes practically a year after Google’s management shuffle last summer time, wherein the corporate introduced Search, Assistant and Ads executives collectively beneath new Raghavan, who reviews to CEO Sundar Pichai. Search stays one in every of Alphabet’s most vital companies — the “Google Search and other” phase accounted for $104 billion in income last year, effectively forward of different reported segments like YouTube Ads, Google Cloud, and advertisements offered on Google Network Members’ websites.
The 60 year-old government now oversees Google Search, Assistant, Geo, Ads, Commerce, and Payments merchandise. Previously, he was SVP of advertisements, begin and funds.
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