nzherald.co.nz

Facebook executives in line for bonuses

5:30 AM Friday Feb 10, 2012

Facebook's top executives, including chief executive Mark Zuckerberg, are eligible for twice-yearly bonuses of up to 45 per cent of their base salaries and other earnings, according to a regulatory filing.

Facebook says in the filing it will pay Zuckerberg, 27, a base salary of US$500,000 ($600,000) a year.

Zuckerberg's 45 per cent target bonus will be based on his performance. Chief operating officer Sheryl Sandberg will receive a base salary of US$300,000.

Her target bonus is also 45 per cent, the same as for the other executives.

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