Alphabet Discloses New Top Lawyer’s $51M Pay Package
“Alphabet Inc.’s chief legal officer, J. Kent Walker Jr., received a total compensation package last year valued at $50.9 million, according to a proxy statement filed Friday,” reports Brain Baxter in Bloomberg Law’s US Law Week.
“Walker was paid $655,000 in annual base salary and had stock awards valued at more than $50.2 million, Google’s parent disclosed in the filing. Walker’s stock awards will vest over a four-year period.”
“He currently owns more than $11.4 million in Alphabet stock, according to Bloomberg data. Securities filings show that Walker has sold off more than $9.6 million in company stock since December.”
“Alphabet said in its proxy statement that Walker “oversees teams responsible for content policy, government affairs, legal matters, philanthropy, and responsible innovation.” Since coming aboard in 2006, Walker has also led Google’s “advocacy on competition, content, copyright, and privacy,” the proxy said.”
