Alphabet CEO Sundar Pichai's new $692 million compensation package hinges on the success of two Google moonshots that aren't making any money | Fortune
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Alphabet CEO Sundar Pichai's new $692 million compensation package hinges on the success of two Google moonshots that aren't making any money | Fortune
"about half of Pichai's compensation is tied to the success of Alphabet's robotaxi service Waymo and drone delivery service Wing, two companies which so far, are costing Alphabet to operate. Pichai could earn up to $260 million from Waymo and $90 million from Wing, depending on each company's per-unit value increases over the three-year period."
"Neither company appears to be profitable, according to Alphabet's 2025 annual report to the SEC. While Alphabet does not report the individual profitability of its "Other Bets"-the company's internal term for all non-Google businesses-together, its non-Google companies lost $7.5 billion in 2025. Part of it included a $2.1 billion valuation-based, employee compensation charge at Waymo."
""The grant of Waymo and Wing BPUs further supports Alphabet's long-standing goal of investing in new technologies and reflects Mr. Pichai's critical role as Alphabet CEO in overseeing its Other Bets," the company wrote in the March filing. "Waymo and Wing are tackling enormous challenges in autonomous driving and delivery, have made strong progress under Mr. Pichai's supervision, and show strong potential.""
Google and Alphabet CEO Sundar Pichai received a $692 million compensation package in March, with approximately half tied to the performance of two Alphabet subsidiaries: Waymo (robotaxi service) and Wing (drone delivery service). Pichai could earn up to $260 million from Waymo and $90 million from Wing based on per-unit value increases over three years. Both companies currently operate at losses, with Alphabet's non-Google businesses collectively losing $7.5 billion in 2025, including a $2.1 billion compensation charge at Waymo. Waymo operates in 10 U.S. cities and recently raised $16 billion, achieving a $126 billion valuation. Alphabet emphasizes these moonshot projects' potential and Pichai's critical oversight role in developing autonomous driving and delivery technologies.
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