Facebook disclosed it would pay Zuckerberg the allowance, which he can use to pay for security personnel, equipment, services, residential improvements and more.
“This allowance will be in addition to the continued funding of Mr Zuckerberg’s overall security program to cover the costs of security personnel for his protection; the procurement, installation, and maintenance of certain required security measures for his residences; and the usage of private aircraft for personal travel,” Facebook wrote in a filing.
“The Committee believes that this allowance, together with the costs of Mr Zuckerberg’s existing overall security program, is appropriate and necessary under the circumstances,” the SEC filing said.
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