Facebook Spends More Than $ 22 Million For CEO Zuckerberg Security | New



Facebook has more than doubled the amount of its spending for the CEO's security, Mark Zuckerberg, in 2018, to reach $ 22.6 million, according to a document filed Friday.

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

Nearly $ 20 million was spent on the safety of Zuckerberg and his family, up from $ 9 million the previous year. 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 presidential election in the United States. It was criticized after Cambridge Analytica got personal data from millions of Facebook profiles without permission.

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 PayPal's senior vice president of key markets, Peggy Alford, to its board of directors, in place of Emeritus Chairman Erskine Bowles of the University of Carolina. North, which will also not be renamed.

SOURCE:
Reuters News Agency


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