Facebook CEO Norm Zuckerberg only made a salary of $1 in 2017, but his company worn out close to $9 million for his personal security and use of private jets.
According to a agent statement released on Friday, Zuckerberg’s “other compensation” jumped 53 percent carry on year from 2016 to $8.9 million. That figure incorporates $7.3 million for security at his home and during travel and $1.5 million “for tariffs related to personal usage of private aircraft.”
“Because of the high visibility of our business, our compensation & governance committee has authorized an ‘overall security program’ for Mr. Zuckerberg to sermon safety concerns due to specific threats to his safety arising directly as a happen of his position as our founder, Chairman, and CEO,” the filing said.
Zuckerberg is sometimes squired by others when traveling by private aircraft.
COO Sheryl Sandberg also has an ok security program, according to the filing. Sandberg’s “other compensation” amounted to $2.7 million termination year.
“We require these security measures for the company’s benefit because of the pre-eminence of Ms. Sandberg to Facebook,” the filing said.
Zuckerberg received a salary of nothing but $1 last year, without bonuses or stock awards. Not that he penuries the money. The Facebook co-founder owns shares in the social network valued at all round $66 billion.