It takes some huge cash to guard Mark Zuckerberg.
Like another founder-CEOs (together with Google’s Larry Web page and Apple’s late co-founder Steve Jobs), Zuckerberg solely takes a $1 wage annually. However his whole compensation was $22.6 million, spent totally on an “total safety program” for him and his household at house and through private journey. That quantity , when he made $9.1 million in whole compensation.
The corporate additionally mentioned it spent $2.6 million on non-public aircraft prices. The determine, which can also be included in his whole compensation, is up from $1.5 million a 12 months earlier than. Fb mentioned the plane bills went to constitution firms and included “passenger charges, gas, crew, and catering prices.”
Fb additionally mentioned it spent $2.9 million on private safety for COO Sheryl Sandberg, up barely from the $2.6 million a 12 months earlier than. The corporate spent greater than $900,000 her non-public aircraft prices.
The social community declined to remark past the submitting.
The spike in safety and journey prices come as Fb faces probably the most tumultuous interval in its historical past. The social community has been below intense scrutiny for election interference, information misuse and being unable to police poisonous content material on its platform.
Fb additionally mentioned Friday it is shaking up its board. The corporate mentioned it will not renominate Netflix CEO Reed Hastings, and nominated Peggy Alford, PayPal’s senior vp of core markets. If accredited on the firm’s annual stockholders assembly in Might, Alford can be the primary African-American lady to serve on Fb’s board of administrators.