Money Facebook CEO's compensation jumps to $8.9 million as security costs soar

02:01  15 april  2018
02:01  15 april  2018 Source:   Reuters

Facebook will alert you if Cambridge Analytica grabbed your data

  Facebook will alert you if Cambridge Analytica grabbed your data Facebook says it will notify 87 million users of its service that they affected by the Cambridge Analytica scandal, which saw the data analytics firm snap up their personal information through the social network to influence voters. The news comes ahead of Facebook CEO Mark Zuckerberg’s appointment to testify before Congress this week, over the company’s role in enabling Cambridge Analytica to gather data and profile users.

Share This. facebook . Tweet. email. National Rifle Association CEO Wayne LaPierre saw compensation jump more than million as revenue soared .

Shares soared 14% ahead of Friday’ s open, which would put it on track for the biggest one-day gain since Jan. FireEye reported a net loss of 3.4 million , or 75 cents a share, on revenue of 6.4 million , with the adjusted number taking out stock-based compensation as well as million in

Mark Zuckerberg wearing a suit and tie: Facebook CEO Zuckerberg testifies before House Energy and Commerce Committee hearing on Capitol Hill in Washington © REUTERS/Leah Millis Facebook CEO Zuckerberg testifies before House Energy and Commerce Committee hearing on Capitol Hill in Washington Facebook Inc (FB.O) Chief Executive Mark Zuckerberg’s compensation rose 53.5 percent to $8.9 million in 2017, a regulatory filing showed on Friday, largely due to higher costs related to the 33-year old billionaire’s personal security.

About 83 percent of the compensation represented security-related expenses, while most of the rest were tied to Zuckerberg's personal usage of private aircraft.

Zuckerberg spent much of last year travelling after he pledged to visit all the U.S. states that he had not previously been to.

Facebook will alert you if Cambridge Analytica grabbed your data

  Facebook will alert you if Cambridge Analytica grabbed your data Facebook says it will notify 87 million users of its service that they affected by the Cambridge Analytica scandal, which saw the data analytics firm snap up their personal information through the social network to influence voters. The news comes ahead of Facebook CEO Mark Zuckerberg’s appointment to testify before Congress this week, over the company’s role in enabling Cambridge Analytica to gather data and profile users.

Facebook . Intel Corp. boosted Chief Executive Officer Brian Krzanich’ s compensation package 30 percent to .1 million last year, fueled by a bigger stock award and costs for his personal security arrangements. The CEO also received .25 million in salary, .7 million in bonuses, about

Taxes are set to rise for millions of Brits … and so are the pay packets of council executives. Alamy. He got £168,985 salary in addition to £118,000 for compensation for loss of office when he resigned, and raked in eye-watering pension Both council’ s pay 50 per cent of the cost for a joint CEO .

His security expenses climbed to $7.3 million in 2017 from $4.9 million a year earlier.

Menlo Park, California-based Facebook paid to buy, install and maintain security measures for Zuckerberg's personal residences, which include properties in San Francisco and Palo Alto, the filing showed.

The Facebook board's compensation committee authorised Zuckerberg's security programme, the filing said, "to address safety concerns due to specific threats to his safety arising directly as a result of his position as our founder, Chairman, and CEO."

Zuckerberg's base salary was unchanged at $1, while his total voting power at Facebook rose marginally to 59.9 percent.

Facebook, which has consistently reported stronger-than-expected earnings over the past two years, has faced public outcry over its role in Russia's alleged influence over the 2016 U.S. presidential election.

Earlier this week, Zuckerberg emerged largely unscathed after facing hours of questioning from U.S. lawmakers on how the personal information of several million Facebook users might have been improperly shared with political consultancy Cambridge Analytica.

40,000 runners face hottest London Marathon on record .
Temperatures are predicted to reach a high of 23C.The 38th edition of the world-famous race may well be the hottest on record, with sweltering highs of 23C possible throughout Sunday.

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