Facebook shares may have been on a roller coaster ride in the year since they made their debut on Wall Street, but they haven’t been too shabby for its top executives. Mark Zuckerberg exercised stock options worth $2.3 billion, according to a proxy statement filed with the Securities and Exchange Commission late Friday — and sold about half, to cover his tax bill.Profiting is a balanced affair for Facebook's leaders:
Sheryl Sandberg, the company’s chief operating officer, retained her spot as the company’s best-paid executive for two consecutive years. She received total compensation of about $26 million in 2012, down slightly from nearly $31 million the year before.So, how is management performing, since going public?
"Look in on Facebook from time to time," I wrote earlier.
Here's the firm's stock chart:
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Facebook: Weekly Stock Chart |
It last closed at $26.85.
So, using stock performance as a measure, we know a lot more about this social media firm, now that the public can buy it, too.
Facebook is not performing well, according to investors.
Management is making out.
So, using stock performance as a measure, we know a lot more about this social media firm, now that the public can buy it, too.
Facebook is not performing well, according to investors.
Management is making out.
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