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Old 02-15-2016, 05:28 AM
 
4,231 posts, read 3,560,332 times
Reputation: 2207

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Just goes on to show how broken corporate America is

Google's Sundar Pichai becomes the highest paid CEO in the United States » TechWorm

Quote:
Sundar Pichai was named the new CEO (Chief Executive Officer) of Google in August 2015 in a significant restructuring at the search giant HQ. According to a regulatory filing by Google parent company, Alphabet Inc., Pichai has received a grant for 273,328 Class C Google stock units, worth about $199 million, which is set to make him the highest paid CEO in the United States.
And he become CEO in August so it's not even a year.

Now i'm not saying he should get $1M or so but whatever he's doing is it really worth this vast amount??

I know Google employees are also making good but they are probably on average at $100K range.

So he's paid like 2000x

What an unbelievable system.

I wonder how much tax he's gonna pay.

Probably not much

I guess on a 4 or 5 year tenure he'll be a billionaire.

And here we are talking about manufacturing and unemployment.

This is a broken system i'm afraid.

We can argue all day but i don't see light at the end of the tunnel
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Old 02-15-2016, 05:29 AM
 
79,907 posts, read 44,231,797 times
Reputation: 17209
It's simple. Quit using their product.
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Old 02-15-2016, 05:32 AM
 
4,231 posts, read 3,560,332 times
Reputation: 2207
Quote:
Originally Posted by pknopp View Post
It's simple. Quit using their product.
Almost all CEOs are paid like that

One needs to be a recluse to do that
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Old 02-15-2016, 05:34 AM
 
5,717 posts, read 3,148,787 times
Reputation: 7374
Google's "broken system" makes billions of dollars each year. How much did your brilliant leadership rake in last year?
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Old 02-15-2016, 05:37 AM
 
Location: NJ
23,566 posts, read 17,241,593 times
Reputation: 17612
Quote:
Originally Posted by J.Thomas View Post
Just goes on to show how broken corporate America is

Google's Sundar Pichai becomes the highest paid CEO in the United States » TechWorm



And he become CEO in August so it's not even a year.

Now i'm not saying he should get $1M or so but whatever he's doing is it really worth this vast amount??

I know Google employees are also making good but they are probably on average at $100K range.

So he's paid like 2000x

What an unbelievable system.

I wonder how much tax he's gonna pay.

Probably not much

I guess on a 4 or 5 year tenure he'll be a billionaire.

And here we are talking about manufacturing and unemployment.

This is a broken system i'm afraid.

We can argue all day but i don't see light at the end of the tunnel
Like the AIG execs, somebody wants to give you 200 mill, you going to refuse to take it. It's not like these execs write their won check. The board of directors pay a competing salary and bonus to keep their guy. when a company makes billions, 200 mill is a drop in the bucket. Now when a CEO gets 23 mill bonus like at J&J two regimes ago, and under his tenure the companies reputation suffers from 'cost saving strategy', that's what bugs me. 200 mill salaries are excessive but 23 mill to a fumbler is more upsetting.
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Old 02-15-2016, 05:38 AM
 
Location: Victoria, BC.
33,557 posts, read 37,155,629 times
Reputation: 14016
Strange that I seldom hear anyone complaining about athletes pay days....Floyd Mayweather ....300 million for last year.
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Old 02-15-2016, 05:41 AM
 
4,006 posts, read 6,042,023 times
Reputation: 3897
The market will pay what someone is worth.

Hey OP, what do you do and how much do you make? Should you make more or less?


Is an actor or an athlete really worth the money they bring in?


They're all paid what someone is willing to pay them.
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Old 02-15-2016, 05:45 AM
 
4,231 posts, read 3,560,332 times
Reputation: 2207
Google is avoiding billions of taxes both here and globally.

And paying CEO $200M.

Great job guys
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Old 02-15-2016, 05:45 AM
 
Location: Sweet Home Chicago!
6,721 posts, read 6,489,000 times
Reputation: 9915
Quote:
Originally Posted by sanspeur View Post
Strange that I seldom hear anyone complaining about athletes pay days....Floyd Mayweather ....300 million for last year.
True and if you break it down to hourly, he probably made more than most CEO's combined.

However, other than a good search engine and Android, there's not much Google has done right.
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Old 02-15-2016, 05:46 AM
 
1,168 posts, read 1,245,170 times
Reputation: 912
Quote:
Originally Posted by J.Thomas View Post
Just goes on to show how broken corporate America is

Google's Sundar Pichai becomes the highest paid CEO in the United States » TechWorm



And he become CEO in August so it's not even a year.

Now i'm not saying he should get $1M or so but whatever he's doing is it really worth this vast amount??

I know Google employees are also making good but they are probably on average at $100K range.

So he's paid like 2000x

What an unbelievable system.

I wonder how much tax he's gonna pay.

Probably not much

I guess on a 4 or 5 year tenure he'll be a billionaire.

And here we are talking about manufacturing and unemployment.

This is a broken system i'm afraid.

We can argue all day but i don't see light at the end of the tunnel
What light are you looking for? What business is it of yours what someone is getting paid? What is your paycheck?
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