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Facebook CEO Zuckerberg's Base Salary Set at $1

• asharpe 13y ago
  This is normally the sign of massive underperformance of the CEO ...
  • rpedela 13y ago
    Any examples? I only know of successful CEOs doing this for two reasons: 1. Good PR because many people think "wow he/she isn't greedy". Though they don't realize that there is a financial benefit. See #2. 2. All income is taxed at capital gains which is significantly lower than the tax rate for wages.
• fsk 13y ago
  It's always misleading when a CEO has a "$1 salary", because of the options. Options are very valuable lottery tickets for the CEO of a public corporation; they can be valuable due to inflation or because the stock market as a whole went up, even if the stock underperforms.
• sytelus 13y ago
  In other news Zuckerberg's exercised $3.3 billion in stock options last year alone. The $1 salary gimmick allows to advertise frugality for rest of the staff however.