Google Boosts Legal Chief’s Pay With $23 Million in Stock (1)

Alphabet Inc.‘s legal chief will see his annual base salary increase to $1 million this year from $650,000, the company disclosed in a securities filing Tuesday.

J. Kent Walker Jr., the company’s chief legal officer and president of global affairs, will also receive performance and restricted stock units valued at $23 million, according to an 8-K filing by the Google parent.

A tranche of performance stock units with a target value of $5 million has been earmarked for Walker, as well as another tranche of restricted stock units valued at $18 million, the company said.

Mountain View, Calif.-based Alphabet ...