Axar.az
UP
20 September 2019


Facebook spends $22.6 million to keep Mark Zuckerberg safe

Home page Social Network
12 Punto 14 Punto 16 Punto 18 Punto

Facebook Inc more than doubled the money it spent on Chief Executive Officer Mark Zuckerberg’s security in 2018 to $22.6 million, a regulatory filing showed on Friday.

Axar.az reports citing Reuters that, 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 U.S. 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.

Date
2019.04.13 / 17:39
Author
Axar.az
Comments
See also

YouTuber arrested near Area 51

YouTube pays $170M fine after violating kids’ privacy

FB’s ad data may put millions of gay people at risk

Facebook shuts dozens of Myanmar accounts

WhatsApp in talks to launch mobile payments

Facebook admits listening in on users

Facebook faces a legal fight over facial recognition

Twitter: may have leaked personal data to ad partners

Pinterest surpassed 300 million for the first time

FB bans rap video after Singapore government complains

Latest
 
Xocalı soyqırımı — 1992-ci il Bağla
Bize yazin Bağla
ArxivBağla