World America 14 Apr 2019 Facebook boss safety ...

Facebook boss safety cost $22.6m

REUTERS
Published Apr 14, 2019, 1:48 am IST
Updated Apr 14, 2019, 1:48 am IST
Chief Operating Officer Sheryl Sandberg took home $23.7m in 2018 compared to $25.2m last year.
Mark Zuckerberg
 Mark Zuckerberg

Washington: Facebook more than doubled the money it spent on top executive Mark Zuckerberg’s security in 2018 to $22.6m, a regulatory filing has showed.

Zuckerberg drew a base salary of $1 for the past three years, and his “other” compensation was listed at $22.6m, most of which was for his personal security.  

 

Nearly $20m went toward security for Zuckerberg and his family, up from about $9 million the year prior. Zuckerberg also received $2.6m for personal use of private jets, which the company said was part of his overall security program.

Facebook in the past few years has faced public outcry over its role in the spread of disinformation and political propaganda online, data breaches and privacy concerns.

It includes Russia’s alleged influence on the 2016 US presidential election and revelations that Cambridge Analytica, a political consultancy hired by Donald Trump’s 2016 presidential campaign, obtained personal data from millions of Facebook profiles without consent.

Chief Operating Officer Sheryl Sandberg took home $23.7m in 2018 compared to $25.2m last year.

Separately, Facebook said Netflix chief executive officer Reed Hastings would vacate his seat on the social media company’s board and not be nominated for re-election.

$1 base salary

  • Zuckerberg drew a base salary of $1 for the past three years.
  • his ‘other’ compensation was listed at $22.6m, most of which was for his security.

    — Agencies

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