Alphabet, the parent company of Google, has announced that Anat Ashkenazi will be joining the company as its new Chief Financial Officer. As part of her compensation package, Ashkenazi will receive a $13.1 million sign-on equity grant in the form of restricted stock units. This grant is intended to compensate for the forfeiture of her compensation from her previous employer, Eli Lilly.
Ashkenazi comes to Alphabet with an impressive resume, having previously served as the CFO of Eli Lilly, a multinational pharmaceutical company. She brings with her a wealth of experience in finance and strategic planning, making her a valuable addition to the Alphabet team.
In addition to the sign-on equity grant, Ashkenazi will also receive a competitive salary and other benefits as part of her compensation package. This generous offer reflects Alphabet’s commitment to attracting top talent and rewarding executives for their contributions to the company’s success.
Alphabet’s decision to offer Ashkenazi a substantial sign-on equity grant demonstrates the company’s confidence in her ability to drive financial growth and lead the company to new heights. By providing her with a competitive compensation package, Alphabet is not only rewarding Ashkenazi for her past accomplishments but also incentivizing her to excel in her new role.
As Alphabet continues to expand its global reach and diversify its business interests, having a strong and experienced CFO like Anat Ashkenazi will be essential for navigating the complex financial landscape. With her proven track record of success and leadership skills, Ashkenazi is well-positioned to help Alphabet achieve its long-term goals and drive sustainable growth.
Overall, the decision to offer Anat Ashkenazi a $13.1 million sign-on equity grant underscores Alphabet’s commitment to attracting top talent and investing in the future success of the company. With Ashkenazi at the helm as CFO, Alphabet is poised for continued innovation and financial success in the years to come.