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Google's Sundar Pichai becomes highest-paid CEO in US

Google’s Sundar Pichai becomes highest-paid CEO in US

Google Inc.’s Sundar Pichai is poised to become one of the highest-paid executives of a publicly traded company this year after parent Alphabet Inc. awarded him restricted stock worth about $199 million.

Pichai, who is Google’s chief executive officer, received 273,328 Class C shares on Feb. 3 that will vest in quarterly increments through 2019 if he remains on the job. The award is the biggest ever given to a Google executive officer whose equity grants have to be reported in filings, according to data compiled by Bloomberg.