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mark zuckerberg

Facebook Reveals Salaries Of Top Executives In Regulatory Filing

February 9, 2012

Facebook’s top executives are eligible for twice-a-year bonuses up to 45 per cent of their base salaries, according to a Wednesday regulatory filing.

New employment agreements were among the items filed with the Securities and Exchange Commission, which stated that founder and Chief Excecutive Officer Mark Zuckerberg and Chief Operating Officer Sheryl Sandberg will both be eligible for 45 per cent bonuses of their base salaries plus other wages.

Zuckerberg’s base salary for this year is $500,000, while Sandberg’s is $300,000.

David Ebersman, who will continue to serve as chief financial officer will get a base salary of $300,000.

Facebook’s Vice President of Engineering, Mike Schroepfer, will receive a base salary of $275,000. Both he and Ebersman have a target bonus of 45 per cent.

Another top executive, Vice President and General Counsel Theodore Ullyot, will receive a base salary of $275,000. He will also get a retention bonus of $400,000 per year for five years, as well as restricted stock and stock options.

Effective January 01, 2013, Zuckerberg’s annual salary will drop to $1 according to last week’s S-1.

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Erskine Bowles Becomes The Seventh Member OF Facebook Board OF Directors

September 9, 2011

Erskine Bowles1 Erskine Bowles Becomes The Seventh Member OF Facebook Board OF Directors

Erskine Bowles is the new menber of Facebook board of directors.

Facebook has announced on Wednesday that Erskine Bowles, a former chief of staff to US president Bill Clinton and the recently served co-chair of Obama’s National Commission on Fiscal Responsibility and Reform, has joined the Facebook board of directors.

He joins with Facebook several famous figures on the board, including CEO and co-founder of Facebook Mark Zuckerberg, Marc Andreessen of Andreessen Horowitz, Jim Breyer of Accel Partners, Donald E. Graham, chairman and CEO of The Washington Post Company, Peter Thiel of Clarium Capital and Founders Fund, as well as Netflix CEO Reed Hastings.

Facebook founder and CEO Mark Zuckerberg said in a statement. “Erskine has held important roles in government, academia, and business which have given him insight into how to build organizations and navigate complex issues… Along with his experience founding companies, this will be very valuable as we continue building new things to help make the world more open and connected”.

Bowles stated that “Facebook has clearly emerged as a transformative force in the world”. He praise the talent of Zuckerberg and the goal that the company strives for. “It’s no wonder given the talent Mark has put in place and the company’s focus and dedication to its mission. I’m really looking forward to getting to work and helping Facebook however I can”.

Recently, Facebook has in-cooperated several Washington insiders to its executive positions, including Joe Lockhart, a former White House press secretary under Mr Clinton and Joel Kaplan, who served as George W. Bush’s deputy chief of staff.

Bowles service will definitely be worthwhile as the company expands its board while preparing to go for public offering next year.

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Mark Zuckerberg leads tech rules on Vanity Fair 2011 New Establishment List

September 1, 2011

Mark

mark zuckerberg Mark Zuckerberg leads tech rules on Vanity Fair 2011 New Establishment List

Mark Zukerberg tops The New Establishment 2011

Zuckerberg, for the second year in a row, holds the No. 1 spot in Vanity Fair’s annual list of top 50 “buccaneering visionaries, engineering prodigies, and entrepreneurs”. Zuckerberg is still the youngest person ever to top the list.

Calling Zuckerberg the “founder of the inescapable social-networking site Facebook,” Vanity Fair said: “With a possible IPO on the horizon by 2012, which could value the company anywhere between $50 and $100 billion, Facebook has enough clout to worry even the unshakable Google”.

Vanity Fair Mark Zuckerberg leads tech rules on Vanity Fair 2011 New Establishment List

Vanity Fair- New Establishment 2011

Hear is the list of top 10 from the Vanity Fair New Establishment:

1. Mark Zuckerberg, Facebook
2. Sergey Brin and Larry Page, Google
3. Jeff Bezos, Amazon
4. Tim Cook and Jonathan Ive, Apple
5. Jack Dorsey, Square, Twitter
6. Marc Andreessen and Ben Horowitz, Andreessen Horowitz
7. Reed Hastings, Netflix
8. John Lasseter, Pixar, Walt Disney Animation Studios
9. Lady Gaga, singer
10. Dan Doctoroff, Bloomberg L.P.

Apparently, tech rules the New Establishment list of Vanity Fair 2011. Besides those included in top 10, other popular tech names on the list includes Twitter’s Dick Costolo (11), Zynga’s Mark Pincus (12), Groupon’s Andrew Mason (27), Foursquare’s Dennis Crowley (45) and Spotiry’s Daniel Ekk (47).

However, no person from Microsoft effort to make to the list. Microsoft CEO, Steve Ballmer who ranked 46th last year was nowhere to be found so as Apple’s Steve Jobs got bumbed from the list. But both of them are included in Vanity Fair’s “Powers That Be” with Steve Job taking the top spot and Ballmer on No. 10.

People who made to the top 10 last year but lost the berth this year includes, New York City mayor Michael Bloomberg, Oracle’s Larry Ellison and Twitter’s Evan Williams & Bitz Stone.

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Zuckerberg Vows Only To Eat Meat Of Animals He Kills Himself

May 31, 2011

Facebook CEO Mark Zuckerberg, the youngest billioner, has now turn his attention towards animals after killing social-media giants like MySpace and Orkut.

As part of his “personal challenge” for the year, he is now eating meat of animals that he kill himself. The rationality behind his decision is, “I think many people forget that a living being has to die for you to eat meat, so my goal revolves around not letting myself forget that, and being thankful for what I have.”

His rational decision of eating meat from animal he personally killed has resulted in eating a lot healthier foods by turning over to vegan diet. It has been a good experience since he has learn a lot of sustainable farming and raising of animals. Its a great method to be a vegetarian because we want to eat meat but we really don’t want to think the fact that the meat used to be alive.

Zuckerberg’s challenge was greatly appreciated by ethical food campaigners. What about you?

 

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Zuckerberg Makes His Relationship Official – The Facebook Way

March 26, 2011

Facebook founder, Mark Zuckerberg, who has been dating his girlfriend Priscilla Chan since college finally, made his relationship official – the Facebook way – by updating his Facebook status to ‘in a relationship’

According to Time magazine reports, Zuckerberg updated his relationship on March 20 saying it was “slightly overdue.”

This comes on the heels of a Facebook page the pair created for their Hungarian sheepdog, Beast.

The report suggests that either Zuckerberg is feeling the pressure to follow his motto of “trying to make the world a more open place” or an engagement announcement is on the way.

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Zuckerberg Shares Stage With Jesse Eisenberg On SNL

January 30, 2011

Normally publicity-averse Zuckerberg made a cameo appearance on “Saturday Night Live” alongside Jesse Eisenberg, who played the Facebook founder and CEO in The Social Network.

Here is a video excerpt from YouTube.

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Facebook Hacks: Jan 2011 Recap

January 28, 2011

Over the week, there were two high-profile cases of hacking on Facebook: the president of France and Facebook founder Mark Zubkerberg’s fan page.

In case of the French President Nicolas Sarkozy, someone hacked into his account and posted a false rumor that the French president would not seek re-election next year.

In Zuckerberg’s case, a message advocating that Facebook adopt a social business model, where users invest in Facebook in a social way, was posted.

Times of India reported today that the Facebook profile of an IPS officer was hacked and the hacker changed the officer’s basic information and uploaded obscene morphed photo as well as 24 photos of eunuchs.

Facebook spokesperson said, “A bug enabled status postings by unauthorized people on a handful of public pages.” “The bug has been fixed.”

Sadly, this is not the first time hackers found ways to exploit glitch in codes, and as a matter of fact, Facebook hackers were apparently at work from day one of 2011.

A small group of Islamic hackers based in Pakistan and England were hacking away while most people were drinking in the New Year. Their mission was apparently to “clean Facebook” of the various anti-Islamic user communities that were thriving on Facebook or in short their Zionist opponents.

Members of the targeted communities began be greeted with blank pages. Soon, the alleged hackers released a list featuring 130 Pages and groups that have been hacked.

It seems like we will be seeing a lot of similar incidents this year. Do you think Facebook should focus more on security rather than focusing on releasing new features and updates every other week?

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TIME Picks Mark Zuckerberg As The Person Of The Year

December 16, 2010

Mark Zuckerberg 008 300x180 TIME Picks Mark Zuckerberg As The Person Of The YearTIME Magazine has been selecting awarding “Person of the Year” since 1927 to an individual, group, idea etc. that “for better or for worse, … has done the most influence the events of the year.”

The list of winners saw prominent figures like Gandhi, Martin Luther King, Jr., Adolf Hitler, Stalin, J.F. Kennedy, Bill Clinton, G.W. Bush etc.

This year, TIME Magazine gave the honor to Mark Zuckerberg, creator and CEO of Facebook, the world largest and most popular social networking site.

Julian Assange, the controversial founder of WikiLeaks won the most votes among Time readers while Zuckerber stood at the 10th position in terms of votes. Discussions like whether TIME pick a wrong person of the year are surfacing on the Internet, and Zukerberg’s year itself was marred with criticism and controversy owing mostly to privacy reason on Facebook, we cannot deny how Facebook is revolutionizing the lives of people around the world.

In six years, Facebook acquired over 500 million users worldwide and is worth billions of dollars. Zuckerber and his Facebook is a symbol of communication revolution, and not to mention his recent support to the cause of philanthropy.

At 26 years, Zuckerberg is the second youngest winner of the TIME award. Aviator Charles Lindbergh was the first official Man of the Year and also the youngest person to win the honor at the age of 25 in 1927.

Amidst the doubt, I personally feel that Zuckerberg is an ideal candidate and a role model, where millions of people are just starting out or trying to figure out their lives in their mid twenties.

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Newark School Blessed With $100 Million From Zuckerberg

September 24, 2010

facebook dollar 300x262 Newark School Blessed With $100 Million From ZuckerbergMany people might have already heard about Facebook CEO Mark Zuckerberg is going to donate to help revamp Newark schools.

The news hit the world yesterday and my first though was “wow.” I looked around for more details and all i got was everyone saying how he is trying to save his image.

Well you got to, looking at the amount of generosity and the timing. This donation is by far the biggest Zuckerberg made so far. He even donated to the anti-Facebook project Diaspora. Facebook’s movie, The Social Network, opens the 48th New York Film Festival, while Zuckerberg discuss about the donation on The Oprah Winfrey Show. Adding to it, Facebook’s outage hit the news all over the globe. icon smile Newark School Blessed With $100 Million From Zuckerberg

Zuckerberg’s gift will make sure that he is listed not only in the Forbes rich list, but also in the list of generous billionaires.

The bottom line, personally, is that he has done something good even if he harbors a symbiotic reason behind the smiling face. What do you think?

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