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Iran, Pakistan to form joint anti-terror force: Rouhani             Abdullah Says íMismanagementí Interrupted Doha Meeting            Pompeo Pushes For Another Intra-Afghan Dialogue In Doha            Afghanistan announces squad for ICC Cricket world Cup            Chinese smartphone manufacturer Oppo looks to Dubai as international launchpad             Tear gas canisters fly, but Yellow Vesters wonít give up             An Imam Still Calls OutÖ            Studies show the highest life satisfaction is between Muslims            Google targeting Press TV for challenging íUS hegemonyí: Journalist             US intelligence says Huawei funded by Chinese state security: The Times            Presidential Candidates Seeking Alternative To NUG             Pakistan PM Says Will Not Give Advice to Afghanistan Anymore             Attack On Afghan Ministry Leaves Seven Dead            EU, Canada vow to fight new US sanctions on Cuba             Trumpís so-called Ďpeaceí plan for Palestine dead on arrival            

DATE PUBLISHED: 2019/4/13 - 14:51:29
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Facebook spends $22.6 million to keep Mark Zuckerberg safe

Facebook Inc. more than doubled the money it spent on Chief Executive Officer Mark Zuckerbergís security in 2018 to $22.6 million, a regulatory filing showed on Friday.

Zuckerberg has drawn a base salary of $1 for the past three years, and his "other" compensation was listed at $22.6 million, most of which was for his personal security.

Nearly $20 million went toward security for Zuckerberg and his family, up from about $9 million the year prior. Zuckerberg also received $2.6 million for personal use of private jets, which the company said was part of his overall security program.

Facebook has in the past few years faced public outcry over its role in Russiaís alleged influence on the 2016 US presidential election and has come under fire following revelations that Cambridge Analytica obtained personal data from millions of Facebook profiles without consent.

Chief Operating Officer Sheryl Sandberg took home $23.7 million in 2018 compared to $25.2 million last year.

Separately, Facebook said Netflix Chief Executive Officer Reed Hastings would vacate his seat on the social media companyís board and not be nominated for re-election.

Hastingsí departure comes as the Menlo Park-based company beefs up its push into videos. Hastings has served on Facebookís board since 2011.

The company also said it would nominate PayPalís senior vice president of core markets, Peggy Alford, to its board in place of University of North Carolina President Emeritus Erskine Bowles, who will also not be re-nominated.

Facebook shares closed at $179.07 Friday evening.

(Source: Reuters)

 

LINK: http://ansarpress.com/english/10766


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