GO
Loading...

Enter multiple symbols separated by commas

Facebook's Sandberg and Zuckerberg take huge pay cuts

Sheryl Sandberg
Chris Ratcliffe | Bloomberg | Getty Images
Sheryl Sandberg

Facebook Chief Operating Officer Sheryl Sandberg took home $10 million less in earnings from her job at Facebook in 2013 than she did in 2012, according to the company's proxy statement. Her total compensation came in at about $16 million; less money in stock grants accounted for most of the difference.

Other Facebook executives also took pay cuts: Mark Zuckerberg earned about $650,000—about a third of the $1.9 million he earned in 2012—and Chief Financial Officer David Ebersman pocketed about $7 million less than the $17.5 million he made in 2012.

Zuckerberg's steep pay cut resulted largely from his $1 base salary and decision not to participate in the company bonus plan.


Contact Social Media

  • CNBC NEWSLETTERS

    Get the best of CNBC in your inbox

    Please choose a subscription

    Please enter a valid email address
    To learn more about how we use your information,
    please read our Privacy Policy.

Re/code

  • Co-CEO, Revere Digital; Co-Executive Editor, Re/code; and Co-Executive Producer, The Code Conference. Re/code is part of the CNBC network.

  • Co-CEO, Revere Digital; Co-Executive Editor, Re/code; and Co-Executive Producer, The Code Conference. Re/code is part of the CNBC network.

Re/code

  • Co-CEO, Revere Digital; Co-Executive Editor, Re/code; and Co-Executive Producer, The Code Conference. Re/code is part of the CNBC network.

  • Co-CEO, Revere Digital; Co-Executive Editor, Re/code; and Co-Executive Producer, The Code Conference. Re/code is part of the CNBC network.