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Facebook CEO’s compensation jumps to $8.9 million as security costs soar

CALIFORNIA: Facebook Inc Chief Executive Mark Zuckerberg’s compensation rose 53.5 percent to $8.9 million in 2017, a regulatory filing showed on Friday, largely due to higher costs related to the 33-year old billionaire’s personal security. About 83 percent of the compensation represented security-related expenses, while most of the rest were tied to Zuckerberg’s personal usage of private aircraft. Zuckerberg spent much of last year traveling after he pledged to visit all the U.S. states that he had not previously been…