By Katherine Hamilton
Meta Chief Executive Mark Zuckerberg's total compensation rose to $27.2 million in 2024.
The tech executive received more in compensation than any other member of Meta's C-suite, according to a Securities and Exchange Commission filing on Thursday. Zuckerberg's compensation was up by $2.8 million from the previous year.
Total compensation included a $14 million pre-tax allowance to cover costs related to security for Zuckerberg and his family. That was up from $10 million in the prior year.
The security allowance is paid net of required tax withholdings and all of it must be applied toward security-related costs including personnel, equipment, services, residential improvements and health. Zuckerberg expects to use the full amount each year, but may apply any unused portion to future or prior years, Meta said.
Meta paid about $2.6 million for Zuckerberg's personal travel on private aircraft. The money went toward passenger fees, fuel, crew and catering costs, Meta said.
Zuckerberg entered into an amended offer letter in 2012 that pays him a $1 base salary without bonus compensation. The agreement has no specific term and constitutes at-will employment. Zuckerberg's $1 salary is per his request, Meta said.
Write to Katherine Hamilton at katherine.hamilton@wsj.com
(END) Dow Jones Newswires
April 17, 2025 18:05 ET (22:05 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。