Meta Approves Plan for Up to 200% Bonuses for Executives

Core Insights - Meta Platforms has introduced a new bonus plan allowing executives to earn bonuses of up to 200% of their base salary, an increase from the previous cap of 75% [1][3] - CEO Mark Zuckerberg is not included in this new bonus plan, as stated in a recent SEC filing [1][3] Compensation Structure - The decision to raise bonuses was made by Meta's Compensation, Nominating & Governance Committee, which found that the total cash compensation for named executive officers (excluding the CEO) was at or below the 15th percentile compared to peers [2] - This adjustment aims to align executive compensation more closely with industry standards [2] Stock Performance - Meta's shares have increased by 19% since the beginning of the year and have risen 47% over the past 12 months, significantly outperforming the S&P 500, which saw returns of 4% and 23% respectively during the same periods [2]