Facebook employee who will still receive millions of dollars in security costs even if he quits
The former Facebook COO, who left his job on June 1, said he will continue to receive millions of dollars in personal security expenses until the end of June 2023.
Shelio Sandberg, Facebook’s chief operating officer after 14 years at the helm, posted her official resignation as Meta COO in August.
Although she has left her job, the company will continue to pay for her personal security until 203.
It also said the company’s board had agreed to provide security services from Oct. 1 to June 30, 2023, “due to continued threats to her security.”
Personal safety includes Sandberg whether she stays at home. We will provide safe protection even while traveling. It is not yet known what threats Sandberg is facing.
Sandberg, who left the job, has been investigated by Meta for using company resources for personal gain.
Earlier this year, The Wall Street Journal reported that Sandberg used the company to remove negative reports about Activision CEO Bobby Kots, who she was dating at the time.
When Sandberg first announced her departure from the company, The Wall Street Journal revealed that the company was investigating the improper use of company resources in planning her upcoming wedding.
Now, Meta lawyers have dealt with this matter thoroughly. According to reports, lawyers are investigating the involvement of Facebook employees in Sandberg’s Lean In Foundation and the role of employees in the promotion of her recently released second book, Option B.
Shelio Sandberg, a former Google employee, came to the company when Facebook was founded by Mark Zuckerberg. She drove Facebook from a small company to a huge revenue stream in the advertising business.
Ms Sandberg, 52, is set to leave Meta this winter but will remain on the board, she said. Shelo Sandberg will be replaced by Xavier Olivan, who is currently Meta’s chief development officer.
Facebook is famous for spending heavily on the privacy of its top executives.
In 2020, the company spent $23.4 million to protect CEO Mark Zuckerberg and $7.6 million to protect Sheryl Sandberg. In 2021, Sandburg’s security costs reached $9 million.
The world-famous Google company spent $4.3 million on the security of the company’s CEO Sundar Pichai, while Berkshire Hathaway founder Warren Buffett received only $273,000 in security costs last year.