By Deepa Seetharaman
Facebook Inc. Chief Operating Officer Sheryl Sandberg's 2014
compensation shrank slightly to $15.5 million after she was awarded
fewer restricted stock units.
Ms. Sandberg is Facebook's highest-paid officer, according to a
proxy statement the company filed Friday.
Facebook's board approved raises and larger bonuses for top
executives, including Ms. Sandberg, as the company's shares rose
about 40% last year. Facebook added hundreds of millions of users
and made two major acquisitions of mobile messaging app WhatsApp
and virtual reality company Oculus VR.
Ms. Sandberg's base salary increased to $593,000, from $384,000,
and she was awarded a bonus of $624,204 in part for strengthening
Facebook's ties to advertisers. The board also gave her 208,470
restricted-stock units, valued at roughly $14.3 million. Her 2013
stock grant had been valued at about $16 million.
Chief Executive Mark Zuckerberg was paid $1 in salary. The
remainder of his listed compensation of $610,455 reflected the
value of personal flights on planes chartered by Facebook.
Former Chief Financial Officer David Ebersman, who resigned in
September, got a pay package of $9.6 million, while incoming CFO
David Wehner's compensation was about $12 million.
Write to Deepa Seetharaman at deepa.seetharaman@wsj.com
Access Investor Kit for Facebook, Inc.
Visit
http://www.companyspotlight.com/partner?cp_code=P479&isin=US30303M1027
Subscribe to WSJ: http://online.wsj.com?mod=djnwires