taggit Summary
Sundar Pichai, the CEO of Alphabet, Google’s parent company, was paid $280 million in 2019. Pichai, whom As You Sow claims was overpaid by nearly $268 million, topped the group’s annual list of the most overpaid CEOs of companies in the S&P 500. As You Sow assesses CEO pay based on a series of parameters, including the ratio between CEO compensation and the median worker’s, the percentage of shareholders that voted in favor or against the CEO compensation package, and whether proxy advisors (companies that advise institutional shareholders on how to vote) were in favor of the compensation or not. According to the analysis, fair pay for the top 10 most overpaid CEOs would be between $12 and $18 million.