Sheryl Sandberg Was Facebook's Best-Paid Employee in 2011

 By 
Todd Wasserman
 on 
Sheryl Sandberg Was Facebook's Best-Paid Employee in 2011
Mashable Image
Credit:

That disclosure, including in Facebook's S-1 filing with the SEC on Wednesday, further outlines that Sandberg got $295,833 in salary plus a bonus of $85,133 and stock awards worth $30,491,613.

That trumps the $1.49 million that CEO Mark Zuckerberg received. Zuckerberg's compensation included a salary of $483,333 plus a $220,500 bonus and "other compensation" worth $783,529. The bulk of that figure was related to "personal use of aircraft chartered in connection with his comprehensive security program for his family and friends. Another $90,850 of that amount was for "costs related to estate and financial planning."

David Ebersman, the company's CFO, meanwhile, received $18.68 million last year, which includes a $295,833 salary, a bonus of $86,133 and $18.3 million in stock awards. Rounding out the list are Mike Schroepfer, vice president of engineering, who got $24.7 million in total and Theodore Ullyot, vp, general counsel and secretary, who received $7 million.

Though those employees were the highest-compensated in 2011, none of them stand to gain nearly as much in Facebook's IPO as Mark Zuckerberg.

Zuckerberg, whose net worth in 2011 was estimated at $17.5 billion last year, claims 56.9% voting power in Facebook and owns more than 1 billion shares in the company.

The next on the list of top shareholders among company executive officers and directors is James Breyer, a venture capitalist, who owns 201 million shares and has 11.4% voting rights in the company. Peter Thiel, another VC, has 44 million shares, which translates to 2.5% voting rights. Sandberg, meanwhile, has 1.9 million shares.

Among outside investors, Goldman Sachs holds 65.9 million shares while Dustin Moskovitz, a co-founder, holds 133.8 million shares.

The pricing for the stock has not been set at this time.

[nggallery id=4121]

Additional Facebook IPO Coverage

Facebook Files for $5 Billion IPO

Facebook IPO Reveals How It Made $3.71 Billion in 2011

10 Giant Things Less Valuable Than Facebook

Zuckerberg to Potential Shareholders: Facebook Is on a Social Mission

Facebook IPO Filing Flings Open the Social Network Kimono

Facebook: Zynga Generates 12% of Our Revenue and We Need Them

Sheryl Sandberg Was Facebook’s Best-Paid Employee in 2011

The biggest stories of the day delivered to your inbox.
These newsletters may contain advertising, deals, or affiliate links. By clicking Subscribe, you confirm you are 16+ and agree to our Terms of Use and Privacy Policy.
Thanks for signing up. See you at your inbox!