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Facebook Spent $ 23 Million on Mark Zuckerberg’s Security Last Year – Deadline

Pay for Facebook founder and CEO Mark Zuckerberg was $ 25.3 million last year, but it was almost entirely for security – he continued to receive a base salary of $ 1 – reflecting his role as founder and CEO of a company that polarizes public opinion.

The “all other compensation” category, generally minimal for most business executives, included over $ 23 million for personal security at his residences and when traveling for himself and his family. Baseline security costs rose to $ 13.4 million from $ 10.4 million in 2019, according to the company’s power of attorney filed with the SEC on Friday. Zuckerberg also received an additional $ 10 million pre-tax pot to invest in personnel, equipment, services, home improvements or other security-related costs.

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The attorney said assessments conducted at least once a year had “identified specific threats to Mr. Zuckerberg due to the high-profile nature of our status as founder, CEO, chairman and majority shareholder.”

“We believe that Mr. Zuckerberg’s role places him in a unique position: it is synonymous with Facebook and, therefore, a negative sentiment about our company is directly associated and often transferred to Mr. Zuckerberg. Mr. Zuckerberg is one of the world’s most recognized leaders, largely due to the size of our user base and our continued exposure to global media, legislative and regulatory attention, ”he said. -he declares.

COO Sheryl Sandberg earned $ 22.5 million in 2020, up from $ 24.7 million the year before, including a base salary of $ 918,000 in shares of $ 14.4 million and “any other compensation ”of $ 8.5 million, which also included $ 7.6 million for security.

She received a bonus of $ 476,953 for the second semester, reflecting “her continued strategic leadership in the aftermath of the global pandemic, including strong revenues and support for small businesses and partnership development, as well as the general management of internal operations, including confidentiality. , politics and diversity. “

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