What motivation will Sundar have if you pay him 200K?
The balanced answer then is to pay a CEO {something closer to $20M} and he will be motivated by {something closer to $20M} (plus their expectations of future comp).
Whether that's $20M or $40M or $60M or more is up for debate. Googlers are saying: "It's not $226M"
Imposing a policy that if "the company is laying people off and cutting costs, the CEO should share in that sacrifice" is literally insane because it's counterproductive - it would explicitly motivate the CEO to avoid cutting costs and avoid laying people off (since that would cut their personal income), while shareholders want the exactly opposite thing, to motivate the CEO to be aggressive in cutting costs (including layoffs) whenever it allows to increase long-term profits, so any CEO compensation policy (which is set by the shareholders) should reflect that.
