The base salaries for all of Facebook’s prime executives were divulged within the company’s Wednesday S-1 filing. Here’s how it broke down:
Mark Zuckerberg, CEO: Zuckerberg created a salary of $483,333 in 2011, additionally to a $220,500 bonus for the primary 1/2 2011. He conjointly received “other” compensation — that covers such things as chartered travel prices and security details — that totaled $783,529. Overall, Zuckerberg received $1,487,362 for 2011, excluding his substantial stake within the company.
Effective Jan. 1, 2013, Zuckerberg can scale back his base annual salary to $1.
Sheryl Sandberg, COO: As vital as Mark Zuckerberg is to Facebook, the S-1 filing conjointly reveals that the corporate is extremely involved regarding keeping its chief operations workplace, Sheryl Sandberg.
Losing Sandberg, who has usually been identified because the “grown-up” public face of the corporate, would be a giant blow to the social network.
The document conjointly reveals that if Sandberg is “terminated while not cause” for a reason apart from death or incapacity, she's going to be able to vest her stock immediately. Losing Sandberg (or Zuckerberg) is additionally listed as a risk for the corporate.
“The loss of key personnel, as well as members of management furthermore as key engineering, product development, marketing, and sales personnel, might disrupt our operations and have an adverse result on our business,” the filing said.
Sandberg had a salary and bonus of $381,966 in 2011, however was conjointly granted regarding $30 million in stock awards.
David Ebersman, CFO: David Ebersman, one among the foremost vital Facebook executives that you’ve never heard of, conjointly created $381,966 in salary and bonuses. With stock, his total compensation involves $18.6 million.
Mike Schroepfer, VP of Engineering: Mike Schroepfer, the vice chairman of engineering, made $333,833 in salary and bonuses in 2011. Combined along with his bonus and stock awards, he created $24.7 million last year.
Theodore W. Ullyot, VP, General Counsel and Secretary: Theodore Ullyot created $749,583 in salary and bonus and was granted regarding $6 million in stock awards and $110,644 in different compensation. because the company’s general counsel, he has an equivalent provision in his employment agreement as Sandberg — if he’s ever terminated while not cause, he are able to vest his shares immediately.