India, March 7 -- Sundar Pichai, CEO of Google, could earn up to $692 million under a new compensation plan published by the US Securities and Exchange Commission on Friday. The Indian-origin tech leader, who is also the CEO of Google's parent company Alphabet, stands to earn the amount over the next three years.

Reportedly, Pichai's three-year salary of $6 million, which comes to $2 million per year, will not change. The remainder of his compensation plan will be paid through Alphabet stock.

Additionally, the compensation will also include shares in two subsidiaries: the autonomous vehicle company Waymo and the drone delivery service Wing. According to the SEC filing, Pichai could receive nearly $175 million from the subsidiaries, incl...