Facebook spends $22.6 million to keep Mark Zuckerberg safe
Staff Host Account
/ Categories: Islam Times-English

Facebook spends $22.6 million to keep Mark Zuckerberg safe

Zuckerberg has drawn a base salary of $1 for the past three years, and his “other” compensation was listed at $22.6 million, most of which was for his personal security. Nearly $20 million went toward security for Zuckerberg and his family, up from about $9 million the year prior. Zuckerberg also received $2.6 million for personal use of private jets, which the company said was part of his overall security program. Facebook has in the past few years faced public outcry over its role in Russia’s alleged influence on the 2016 US presidential election and has come under fire following revelations that Cambridge Analytica obtained personal data from millions of Facebook profiles without consent. Chief Operating Officer Sheryl Sandberg took home $23.7 million in 2018 compared to $25.2 million 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. Hastings’ departure comes as the Menlo Park-based company beefs up its push into videos. Hastings has served on Facebook’s board since 2011. The company also said it would nominate PayPal’s senior vice president of core markets, Peggy Alford, to its board in place of University of North Carolina President Emeritus Erskine Bowles, who will also not be re-nominated. Facebook shares closed at $179.07 Friday evening.

Link to original article

Previous Article US slaps sanctions on 4 shipping firms, 9 ships for Venezuela ties
Next Article Syria’s air defenses intercept Israeli missiles fired at Hama military base
Print
22 Rate this article:
No rating

Leave a comment

Add comment

x
«May 2019»
MonTueWedThuFriSatSun
29
301
2
3
4
5
6
7
89
1011
12
13
14
1516
171819
20
21
22
232425
26
272829303112
3456789