Facebook spends $ 22.6 million to protect Mark Zuckerberg | Money

SAN FRANCISCO, April 13 – Facebook inc. More than doubled the expenses incurred for the safety of the CEO, Mark Zuckerberg, in 2018, reaching 22.6 million US dollars (US $ 93 million), according to a document filed yesterday.

Zuckerberg received a base salary of $ 1 for the last three years and his "other" salary was $ 22.6 million, mainly for his personal safety.

Nearly US $ 20 million was spent on the safety of Zuckerberg and his family, up from around 9 million the year before. Zuckerberg also received $ 2.6 million for personal use of private jets, which, according to the company, was part of its overall security program.

In recent years, Facebook has been outraged by the public for its role in Russia's presumed influence on the 2016 US presidential election. It has been criticized following revelations that Cambridge Analytica would have obtained data millions of Facebook profiles without consent.

Chief Operating Officer Sheryl Sandberg earned $ 23.7 million in 2018, up from $ 25.2 million last year.

In addition, Facebook said that Netflix CEO Reed Hastings would leave his position on the board of the social media company and not be proposed for re-election.

The departure of Hastings comes at a time when the company based in Menlo Park reinforces its presence in the videos. Hastings has been on the Facebook board of directors since 2011.

The company also announced that it would appoint Peggy Alford's senior vice president of core markets, Peggy Alford, on its board of directors, in place of Emeritus chairman Erskine Bowles of the University. from North Carolina, who will not be re-elected.

Facebook shares closed at 179.07 US dollars last night. – Reuters