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Google reported yesterday that chief executive Sundar Pichai’s pay package doubled to $200 million last year, making him the highest paid executive at parent company Alphabet Inc. This is on the heels of Yahoo’s reporting that CEO Marissa Mayer will pocket over $180 million when the sale of its core business to Verizon closes. It is interesting to note that the CEO who failed to execute a turnaround strategy losing a massive amount of shareholder value, is rewarded at a level comparable to the CEO of arguably one of the most successful enterprises in the same digital online space. This is why compensation committees are obligated to attach performance criteria to the payout of equity awards. Mayer’s performance deserved a goose egg, not a windfall.

About the SelectLeaders Job Barometer

The SelectLeaders Job Barometer, published since 2006, is the foremost survey of employment opportunities, trends, and hiring practices in the commercial real estate industry.

About the SelectLeaders Real Estate Job Network

SelectLeaders powers the Career Centers for 9 premier real estate industry Associations (whose members control or direct 90% of commercial real estate). Jobs are from all sectors and all levels with 29% paying over $100,000. SelectLeaders Job Network offers unequalled access to the Real Estate community. To learn more visit selectleaders.com or visit our Job Network Career Centers: BOMA, CCIM, CREFC, GlobeST.com, NAIOP, NAREIM, NAREIT, NMHC, PREA, Project REAP, ULI, NRHC


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