Chris Cox
Asa Mathat | Re-encode
Facebook product director Chris Cox received about $ 69 million to rejoin the social media company in 2020.
Cox rejoined Facebook in June 2020 after a more than one-year hiatus from the company. Cox is a key moral leader on Facebook and one of its top strategic executives, coordinating the operation of the company’s various services.
According to the company’s 2021 representation statement, Cox earned more than $ 421,000 in salary, more than $ 691,000 in bonds and granted shares with a fair value of nearly $ 68 million, which will be collected over the next four years. .
Cox’s salary and bonus fell relative to his earnings in 2018, his last full year with the company. However, share compensation increased dramatically, and Facebook noted that massive compensation was granted in connection with Cox’s reinstatement in the company.
The company also notes that Cox will win an additional $ 4 million cash prize this year, which must be paid within 30 days of the one-year anniversary of his return to Facebook.
In addition, the representative indicates that Facebook paid Cox $ 90,000 while he was out of the company for having been a strategic advisor.