Executive Pay: Zuckerberg paid more than $2b in 2012

An annual meeting of shareholders set to take place on June 11 will discuss the details revealed by Facebook.

SAN FRANCISCO: Facebook co-founder and chief Mark Zuckerberg scored more than $2 billion worth of stock and $503,000 in base pay last year for running the world’s leading social network.

Zuckerberg was also given bonuses that added up to slightly more than $266,000, according to a Facebook filing on Friday with the US Securities and Exchange Commission. He received $1.22 million in “other compensation,” more than half of which was said in the filing to involve the use of chartered aircraft for travel by Zuckerberg and guests as part of a “comprehensive security programme.”

Facebook provided US regulators a breakdown of executive compensation and other matters that will be topics at an annual meeting of shareholders set to take place on June 11. Zuckerberg exercised options to acquire 60 million shares of Facebook stock, which were valued at just shy of $2.28 billion, according to the SEC filing.

Published in The Express Tribune, April 28^th, 2013.

Like Business on Facebook to stay informed and join in the conversation.