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8-K: Alphabet Inc. Announced the Appointment of Anat Ashkenazi as the New Chief Financial Officer and Senior Vice President of Alphabet and Google LLC

SEC ·  Jun 8, 2024 05:04

Summary by Moomoo AI

Alphabet announced the appointment of Anat Ashkenazi as the new Chief Financial Officer and Senior Vice President of Alphabet and Google LLC, effective July 31, 2024. The compensation package includes a $1 million annual base salary with up to 200% bonus opportunity.The executive will receive a one-time sign-on package worth $23 million, comprising a $9.9 million cash bonus and $13.1 million in restricted stock units (GSUs) vesting in 2024. Additionally, her go-forward compensation includes $28 million in equity grants, consisting of $23 million in GSUs vesting through 2026 and a $5 million performance-based stock unit grant for the 2024-2026 period.The comprehensive compensation arrangement also includes relocation assistance according to Alphabet's officer guidelines. The appointment represents a significant executive leadership change for the technology giant, with the new CFO bringing substantial financial expertise to the role.
Alphabet announced the appointment of Anat Ashkenazi as the new Chief Financial Officer and Senior Vice President of Alphabet and Google LLC, effective July 31, 2024. The compensation package includes a $1 million annual base salary with up to 200% bonus opportunity.The executive will receive a one-time sign-on package worth $23 million, comprising a $9.9 million cash bonus and $13.1 million in restricted stock units (GSUs) vesting in 2024. Additionally, her go-forward compensation includes $28 million in equity grants, consisting of $23 million in GSUs vesting through 2026 and a $5 million performance-based stock unit grant for the 2024-2026 period.The comprehensive compensation arrangement also includes relocation assistance according to Alphabet's officer guidelines. The appointment represents a significant executive leadership change for the technology giant, with the new CFO bringing substantial financial expertise to the role.
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