Facebook IPO - $500,000 salary, 45% bonus get Zuckerberg

Facebook IPO - $500,000 salary, 45% bonus get Zuckerberg

Reviews: Facebook is paying its founder and CEO, COO, CFO, Vice President of Engineering along with Vice President and General Counsel. Facebook has revealed their salaries and 45 percent bonuses.

Facebook has comprehensive the pay of 27-year-old Facebook co-founder and CEO Mark Zuckerberg and four other executives. The people who are set to be billionaires as a minimum on document when the facebook goes public as part of its $5 billion primary public offering (IPO).

Every one of five individuals is in line for yearly target bonuses of 45 percent of their salary plus extra base wages. For Zuckerberg, the bonus could amount to about $225,000 this year, based on his yearly salary of $500,000. Zuckerberg’s employ letter is dated May 17, 2005. That is long after he was thinking about selling Facebook off to a bigger company.

Here is the numbers say regarding the other four for 2012, as well when they signed papers to work for Facebook:

Facebook COO Sheryl Sandberg may receive annual base salary of $300,000 and bonus of $135,000. Sandberg’s employ letter is dated February 20, 2008.

Facebook CFO David Ebersman may receive annual base salary of $300,000 and a bonus of $135,000. Ebersman’s employment letter is dated September 9, 2009.

Facebook Vice President of Engineering Mike Schroepfer may receive annual base salary of $275,000 and a bonus of $123,750. Schroepfer’s employ letter is dated August 6, 2008.

Facebook Vice President and General Counsel Theodore Ullyot may receive annual base salary of $275,000 and a bonus of $123,750. Ullyot’s employ letter is dated 24 September 2008.

These salaries of course do not take into account the executives’ stocks in the social networking giant. But you were anxious their salaries are on the low side, don’t be.

When Facebook amended its IPO filing this week, there were details surrounding Zynga’s close relationship with the company as well as details as to how Zuckerberg has so many voting shares. Now we’ve also got details on Facebook’s five executives.

Here are the important documents filed with the U.S. Securities and Exchange Commission (SEC). Anybody may want to check out for further information: AMENDED AND RESTATED OFFER LETTER - MARK ZUCKERBERG, AMENDED AND RESTATED EMPLOYMENT AGREEMENT - SHERYL K. SANDBERG, AMENDED AND RESTATED OFFER LETTER - DAVID A. EBERSMAN, AMENDED AND RESTATED OFFER LETTER - MIKE SCHROEPFER, and AMENDED AND RESTATED EMPLOYMENT AGREEMENT - THEODORE W. ULLYOT.