Google Spent Over ₹68 Crore On CEO Sundar Pichai’s Security
Google’s parent company Alphabet has revealed in its latest filing with the US SEC that it spent over $8 million that’s nearly rupees 68 crores on personal security for CEO Sundar Pachai in 2024 that’s a 22% jump from last year’s figure of $6.78 million or roughly rupees 57.5 crores the security expenses cover everything residential protection private security consultations surveillance systems round the-clock monitoring chauffeur driven transport and travel related safety protocols in simple terms wherever PI goes security follows meticulously planned and heavily funded but Alphabet is clear this isn’t a personal luxury the company insists these measures are essential to mitigate business risks and are not classified as a personal perk they stem directly from the responsibilities and visibility that come with PCI’s role as the public face of one of the world’s most powerful tech firms sundar Pachchai has been steering Google’s ship for over a decade and while his security spending is in the spotlight he’s not the only top executive seeing big numbers alphabet’s proxy filing shows that chief legal officer Kent Walker received a total compensation package of $30.2 million that’s up from $27.3 million the year before newly appointed CFO Anot Ashkenazi wasn’t far behind her total compensation for the year reached a massive $50 million with $10 million of that coming just as a bonus it’s not just the seauite getting paid the average compensation for a full-time Google employee in 2024 was $331,894 a 5% increase over 2023 this surge in executive pay and employee compensation comes even as Alphabet faces mounting pressure from global regulators increasing AI competition and the complex dynamics of running a trillion dollar company in a post-pandemic world in its filing Alphabet defended the rising costs we believe these arrangements and costs are reasonable appropriate necessary and in the best interests of Alphabet and its stock holders but here’s the larger picture when the CEO of a tech giant needs 68 Indian rupees cr worth of security a year it tells you just how high the stakes are in Silicon Valley’s power game for more news and updates.