海角大神

Sheryl Sandberg, Facebook COO, made $30 million in 2011

Sheryl Sandberg, the No. 2 person at Facebook, pulled in a sterling salary last year. Even Mark Zuckerberg made only a small fraction of Sheryl Sandberg's total 2011 earnings.

|
Jean-Christophe Bott/Keystone/AP
Sheryl Sandberg, Chief Operating Officer Facebook, speaks during a plenary session at the 42nd Annual Meeting of the World Economic Forum, WEF, in Davos, Switzerland, Friday, Jan. 27, 2012.

Facebook鈥檚 second in command COO Sheryl Sandberg was compensated millions more than any other Facebooker in 2011 鈥 founder and CEO Mark Zuckerberg included.

The social network鈥檚 leading lady took home $295,833 in base salary, $86,133 in bonus money, and $30.49 million in stock awards (an estimated value) for a grand total of almost $30.9 million in 2011.

The juicy tidbit was unearthed in the executive compensation section of聽聽document, filed Wednesday.

Zuckerberg, by comparison, took home a paltry $1.49 million for the year. The figure includes his base salary of $483,333, bonuses totaling $220,500, and $783,529 in other compensation (fun footnote alert: Zuck鈥檚 other 2011 compensation included $692,679 for personal aircraft charter costs and $90,850 for estate and financial planning). On the ownership front, however, Zuckberg has a聽, while Sandberg owns less than one percent of Facebook. So with a rumored valuation of $100 billion, Zuckerberg could be worth more than $28 billion.

Also good to know: Facebook maintains a compensation committee that periodically reviews compensation data of public companies in a 鈥淧eer Group鈥 that includes Google, Amazon, Apple, AOL, eBay, Microsoft, and Yahoo. The intention, according to the S-1, is to 鈥渆nsure that our executive officer compensation is competitive and sufficient to recruit and retain our executive officers.鈥

And, no surprise here, Facebook compensates its executives, Sandberg especially, remarkably compared to other technology companies, but only if you include equity. 鈥淥verall, based on our Peer Group analysis, total cash compensation for our executive officers was below the 25th percentile of the Radford Survey and Peer Group data,鈥 the filing disclosed. 鈥淲hen equity compensation was factored in 鈥 total compensation for our named executive officers significantly exceeded the 90th percentile of the market.鈥

贵补肠别产辞辞办听聽Wednesday and is expected to make $5 billion in its initial offering. The social network鈥檚 S-1 document revealed that it made聽聽in 2011 and has a total of聽.

You've read  of  free articles. Subscribe to continue.
Real news can be honest, hopeful, credible, constructive.
海角大神 was founded in 1908 to lift the standard of journalism and uplift humanity. We aim to 鈥渟peak the truth in love.鈥 Our goal is not to tell you what to think, but to give you the essential knowledge and understanding to come to your own intelligent conclusions. Join us in this mission by subscribing.
QR Code to Sheryl Sandberg, Facebook COO, made $30 million in 2011
Read this article in
/Business/2012/0203/Sheryl-Sandberg-Facebook-COO-made-30-million-in-2011
QR Code to Subscription page
Start your subscription today
/subscribe