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Sundar's recent pay package tied more of his compensation to performance of GOOG relative to the rest of the S&P 100 [1, 2]. That could also be related. [1] ht
by PessimalDecimal 4y ago
Sundar's recent pay package tied more of his compensation to performance of GOOG relative to the rest of the S&P 100 [1, 2]. That could also be related.
[1] https://www.reuters.com/technology/alphabet-links-more-ceo-pichais-pay-performance-2022-12-21/ https://www.reuters.com/technology/alphabet-links-more-ceo-p...
[2] https://www.theverge.com/2019/12/20/21031629/google-ceo-sundar-pichai-pay-package-amount-alphabet-compensation-stock https://www.theverge.com/2019/12/20/21031629/google-ceo-sund...
- bbor 4y agoYeah I’ve seen this a lot. I really hope that isn’t the reason, cause if so it didn’t even work that well…
- temp-goog 4y agoWhat, exactly, makes Sundar qualified to be CEO? In my view, nothing. He’s at best a figure head for Ruth who actually calls the shots. He’s done nothing as CEO other than keep Larry and Sergei’s piggy bank full. He’s just a moderately intelligent man way over his head, doing what other people tell him, without ever making a tough call.
- cmrdporcupine 4y agoFor me the decline began when Ruth took over from Patrick, and when the whole Alphabet-ization thing was (clumsily) executed. It was clear at the time they had no idea what they were doing. At all-hands Larry & Sergey couldn't answer basic questions about the strategy and how it would affect large parts of the company (I was in the 'Access' PA at the time -- the PA that ran Fiber, and launched Google WiFi, et -- and Sergey didn't even seem to get that it existed,). They had mentally checked out, and it was obvious.
- temp-goog 4y ago[dead]