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Facebook discloses details on executive bonuses in latest filing
NEW YORK (AP) ' Facebook's top executives, including CEO Mark Zuckerberg, are eligible for twice-a-year bonuses of up to 45 percent of their base salaries and other earnings, according to a recent regulatory filing.
Facebook Inc. said in a filing Wednesday it will pay Zuckerberg, 27, a base salary of $500,000 per year. Zuckerberg's 45 percent target bonus will be based on his performance.
Chief Operating Officer Sheryl Sandberg will receive a base salary of $300,000. Her target bonus is also 45 percent, the same as the other execs.
David Ebersman will continue to serve as chief financial officer and he will get a base salary of $300,000.
Mike Schroepfer, Facebook's vice president of engineering, will receive a base salary of $275,000.