Facebook $ 23 million for Zuckerberg's security

Facebook spent more than $ 23 million last year on CEO security, Mark Zuckerberg.

"It is synonymous with Facebook and, therefore, the negative feeling about our company is directly related and often passed on to Mr. Zuckerberg," said a company spokesman for the role of Facebook CEO.

The annual review of the programs of the company showed that the cost of protecting Zuckerberg and his family increased in 2020 mainly due to travel protocols for , of increased security coverage during the 2020 US election season, as well as increased costs for security personnel.

The section "all other compensations" of the statement shows that Facebook spent $ 23 million on personal security at Zuckerberg's homes and travels with him and his family.

The CEO also received an additional $ 10 million for security personnel and other security costs. The cost of basic insurance was $ 13,4 million last year, compared to $ 10,4 million the previous year.

"The Compensation, Appointments and Governance Committee believes that these costs are appropriate and necessary given the threatening landscape and the fact that Mr Zuckerberg asked to receive only $ 1 in annual salary and does not receive bonus payments, shares or other compensation. incentives ”, according to the statement.

Also, in the statement filed on Friday, Facebook said it will submit a proposal at its May 26 shareholder meeting to offer personal security to directors from time to time, which it deems necessary due to the "ongoing faced by our managers as a result of to the board of directors.”

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Written by giorgos

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