Top Facebook execs earn more than Zuckerberg - Hindustan Times
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Top Facebook execs earn more than Zuckerberg

AFP | By, Washington
Feb 03, 2012 11:50 AM IST

Facebook's chief operating officer made more than $30.5 million last year, more than 20 times what founder Mark Zuckerberg earned as the CEO of the social networking giant.

Facebook's chief operating officer made more than $30.5 million last year, more than 20 times what founder Mark Zuckerberg earned as the CEO of the social networking giant, company IPO filings Wednesday showed.

Mark-Zuckerberg-CEO-of-Facebook
Mark-Zuckerberg-CEO-of-Facebook


The filings with the Security and Exchange Commission give Zuckerberg's total compensation in 2011 as $1,487,362 dollars. That includes $483,333 in salary, $220,500 in bonuses and $783,529 in "other compensation," which a footnote explained was mostly for chartered aircraft used to fly Zuckerberg's family and friends around.

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On paper at least, Zuckerberg's top executives made far more. Chief Operating Officer Sheryl Sandberg, a former top Google executive lured away by Facebook in 2008, earned $30,873,579 last year -- nearly $30.5 million of it in stock awards. Her salary in 2011 was $295,833 and she received another $86,133 in bonuses.



Next highest on the compensation ladder was Facebook's vice president of engineering, Mark Schroepfer, who pulled in $24.7 in total compensation, almost all of it in stock awards. His salary: $270,833.



Facebook's chief financial officer, David Ebersman, received a higher salary than Schroepfer -- $295,833 -- but his total compensation including stock awards was less, about $18.7 million.



Theodore Ullyot, the company's vice president, general counsel and secretary, made $6.9 million. His salary was the same as Schroefer's, $270,833, but he made nearly $479,000 in bonuses and about $6.1 million in stock awards.



The filing said the bonuses reported did not include those from the second half of the fiscal year, which have not been determined yet.

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