Summary by Futu AI
Alphabet Inc., the parent company of Google, has announced the appointment of Anat Ashkenazi as the new Chief Financial Officer (CFO) and Senior Vice President, effective July 31, 2024. The announcement was made on June 5, 2024, and was filed with the United States Securities and Exchange Commission. Ashkenazi's compensation package includes a $1 million annual base salary, up to a 200% annual discretionary bonus, a one-time sign-on bonus of $9.9 million, and a $13.1 million sign-on equity grant in restricted stock units. Additionally, she will receive equity grants totaling $28 million in GSUs and PSUs, vesting over the next two years, and assistance with relocation expenses. This strategic appointment and the terms of Ashkenazi's compensation were approved by Alphabet's Leadership Development, Inclusion and Compensation Committee.