SAN FRANCISCO, April 13 – Facebook Inc more than doubled the money it spent on CEO Mark Zuckerbergs security in 2018 to US $ 22.6 million (RM93 million), a regulatory filing showed in goes
Zuckerberg has deducted a base salary of $ 1 over the past three years, and his "second" compensation was listed at US $ 22.6 million, most of which were for his personal security.
Nearly $ 20 million went against Security for Zuckerberg and his family, up from about US $ 9 million the year before. Zuckerberg also received USD 2.6 million for personal use of private jets, as the company said was part of his overall security program.
Earlier years, Facebook has met public injustice over its role in Rus's alleged influence on the presidential election in 2016, and has become fire after revelations that Cambridge Analytica received personal data from millions of Facebook profiles without consent.
Chief Operating Officer Sheryl Sandberg took home US $ 23.7 million in 2018 compared to US $ 25.2 million last year.
Separately, Facebook said Netflix CEO Reed Hastings would leave his seat on the social media company's board and not be nominated for re-election.
Hastings retirement comes as Menlo Park-based company steak up pushing into videos. Hastings has earned on Facebook's board since 2011.
The company also said it would nominate PayPal's senior director of core markets, Peggy Alford, to the board instead of the University of North Carolina President Emeritus Erskine Bowles, who will also not be re-nominated.
Facebook shares closed at $ 179.07 last night. – Reuters