by Facebook Inc. is a large American social media company, headquartered in Menlo Park, California, United States. The company is market leader in social media networking websites. It was co-founded by Mark Zuckerberg during his study in the university. Facebook Inc. also owns other popular websites and apps such as WhatsApp, Instagram, Oculus, and more. The company is lead by the Chief Executive Officer Mark Zuckerberg since its inception.
As the CEO of Facebook, he earns as little as US$1 in the account of annual salary. However, Facebook Inc. bear the expenses such as security, air travel, and other things. Let’s see information about Facebook Board of Directors Salary and Compensation.
Facebook Inc. Board of Directors Compensation and Salary 2018
Marc L. Andreessen – Co-Founder of Netscape
Mr. Andreessen co-founded Netscape, the first popular web browser over the Internet. He earned US$391,194 as total compensation including US$70,000 (base salary or paid in cash), and US$321,194 (stock awards).
Erskine B. Bowles – Former White House Chief of Staff
Mr. Bowles served as the former White House Chief of Staff. He also served as the President of the University of North Carolina system between 2005 and 2010. For his service as the board member, he earned US$421,194 as total compensation including US$100,000 (base salary or paid in cash), and US$321,194 (stock awards).
Kenneth I. Chenault – Former CEO of American Express
He is the former CEO and Chairman of American Express, served between 2001 and 2018. In total compensation, he earned US$462,834 including US$58,139 (base salary or paid in cash), and US$404,695 (stock awards).
Susan D. Desmond-Hellmann – Former CEO of Bill & Melinda Gates Foundation
She is the former Chief Executive Officer of Bill & Melinda Gates Foundation between 2014-2020. She earned US$428,194 as total compensation including US$107,000 (base salary or paid in cash), and US$321,194 (stock awards).
Reed Hastings – Chairman of Netflix
He is the co-CEO, Chairman and co-founder of Netflix, a popular entertainment company. For his service as a board member, he earned US$371,194 as total compensation including US$50,000 (base salary or paid in cash), and US$321,194 (stock awards).
Peter A. Thiel – Co-founder of PayPal and 1st Investor in Facebook
He is a popular American internet entrepreneur, and first investor in Facebook. He also co-founded PayPal, a popular payment technology company. For his service to the company as a board member, he earned US$371,194 as total compensation including US$50,000 (base salary or paid in cash), and US$321,194 (stock awards).
Jeffrey D. Zients – President of Cranemere
He is an American executive and serving as the President of Cranemere. For his service as a board member, he earned US$362,222 as total compensation including US$41,028 (base salary or paid in cash), and US$321,194 (stock awards).
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Article Title: Facebook Board of Directors Salary and Compensation [Including Base Salary and Stock Awards]
Article first published on October 20, 2020.
