Google increased CEO Sundar Pichai's security costs by 22% in 2024

Core Points - Google CEO Sundar Pichai's personal security costs for 2024 reached $8.27 million, a nearly 22$6.78 million in 2023 [2][3] - The increase in security spending is attributed to extensive travel and engagements with world leaders regarding technological advancements, particularly in artificial intelligence [4] - Pichai's total compensation for the 2024 fiscal year was $10.73 million, up from$8.8 million the previous year [5] Security Arrangements - Pichai's security arrangements included residential security, consultation fees, security monitoring services, car and driver services, and personal security during travel [3] - Alphabet's proxy statement indicated that these security measures are deemed necessary for mitigating risks to the business and are not considered personal benefits to Pichai [3] Compensation Trends - Other executives at Alphabet also saw increases in compensation, with legal chief Kent Walker receiving $30.2 million and finance chief Anat Ashkenazi receiving about$50 million, including a nearly $10 million bonus [6] - The average total compensation for Google's full-time employees increased by 5$331,894 from the previous year's average of $315,531 [6]