This Jan. 15, 2013 file photo shows Facebook chief operating officer Sheryl Sandberg at Facebook headquarters in Menlo Park, Calif. Sandberg's book "Lean In: Women, Work, and the Will to Lead" sold 140,000 copies its first week of publication and has gone back to press seven times for additional printings, publisher Alfred A. Knopf announced Wednesday. It has been at No. 1 on Amazon.com's best seller list since coming out March 11 and has also placed high on lists for Barnes & Noble and other se
(USA Today)-- The world knew Mark Zuckerberg gained $2.3 billion after social media giant Facebook went public last May. Turns out COO Sheryl Sandberg did pretty well for herself, too.
Sandberg gained $821 million from shares that vested last year and received another $25.6 million in stock, Facebook said in a late Friday proxy filing with the Securities & Exchange Commission. That's on top of a $328,000 salary and $277,000 bonus.
Sandberg, 43, has been COO since March 2008 and previously was vice president for global sales at Google. The 2012 stock gains and compensation package vaulted Sandberg - co-author of the controversial but best-selling advice book Lean In: Women, Work, and the Will to Lead - into the ranks of Corporate America's biggest compensation winners.
Outgoing IBM CEO Sam Palmisano received about $170 million last year, but most of that came after a 31-year career at Big Blue, and it included $76 million in deferred pay, $66 million in stock and a $29.7 million pension.
Facebook previously said that the hoodie-wearing Zuckerberg cashed in stock options for a gain of nearly $2.3 billion last year. Zuckerberg received the options - priced at six cents apiece - in 2005, about a year after he started what eventually became the social media site while attending Harvard University.
Facebook launched a highly anticipated Initial Public Offering last May at $38 a share. The stock briefly touched $45 when it began trading May 18, but fell to $17.55 within weeks. Friday's close: $26.85.
Zuckerberg also received $503,000 in salary and a $266,000 bonus, plus perks valued at $1.2 million, mostly for personal use of company aircraft and security service. His 2013 salary will be just $1 and he will receive no equity awards, Facebook said.
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