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Facebook spent $23 million on security for CEO Mark Zuckerberg in 2020

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A new document submitted to the US Securities and Exchange Commission shows that Facebook spent more than $23 million on the security of CEO Mark Zuckerberg last year. According to a power of attorney filed on Friday, Facebook’s annual review of the company’s security “identified a proxy field threat to Zuckerberg.”

When talking about the role of Facebook’s CEO, the agent said: “He is synonymous with Facebook. As a result, the negative sentiment towards our company is directly related to Mr. Zuckerberg and is often transferred to Zuckerberg.”

The company’s annual review of the security plan revealed that the cost of protecting Zuckerberg and his family has increased in 2020, mainly due to the COVID-19 travel agreement, during the 2020 U.S. election, “and other security risks increased.” Period” increased security and increased the cost of security personnel.

The “all other compensation” section of the power of attorney shows that Facebook spent $23 million on Zuckerberg’s residence and the travel of him and his family.

Number of Facebook Users
Number of Facebook Usersfacebook

The CEO also received an additional $10 million to pay for security personnel and other security expenses. Basic security costs last year were as high as 13.4 million U.S. dollars, compared with 10.4 million U.S. dollars in the same period.

“The Compensation, Nomination and Governance Committee believes that given the threat situation and Mr. Zuckerberg’s requirement to receive only $1 per year and does not accept any bonuses, equity awards or other incentive compensation.”

Also in the proxy filed on Friday, Facebook stated that it will propose the shareholders meeting on May 26 to provide personal safety to non-employee directors from time to time. “Our directors face constant scrutiny and they are in our The result of the service in the board of directors.”

Facebook approved the personal safety services of some non-employee directors in January and February, “Given that our company and our executive officers and directors face strict scrutiny, and the energetic and passionate atmosphere after the 2020 US election The proxy field says “and the attack on the U.S. Capitol on January 6, 2021. ”

The Tech Transparency Project found in a report in January that although Facebook COO Sheryl Sandberg stated that “the incident was largely organized on the platform,” some extremist harassers in the Capitol attack had already used Facebook. The private group on the plan and coordinated the January 6 rebellion. Without our ability to stop hatred, without our standards, and without our transparency. ”

 

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