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Meta PlatformsInc META co-founder and CEO Mark Zuckerberg has kept a base salary of $1 for the past few years, but his total compensation package is in the millions and it ticked higherin 2022 to cover more costlyprivate jet use.

What To Know: According to a MarketWatch reportciting Meta's 2022 proxy statement,Zuckerberg's total compensationclimbed above $27 million in 2022, upfrom $26.82 million the year before.The increase was entirely due to an uptick in compensation for costs related topersonal use of his private aircraft.

Zuckerberg's wealth rises with Meta stock, but he has maintaineda base salary of just $1 for several years. That remained the case last year.

"Previously, Mr. Zuckerberg had requested to receive a base salary of $1 per year and the compensation, nominating & governance committee continued to honor this request in 2022,"per Meta's proxy statement.

He also did not receive anybonus or stock rewards in 2022, but his total compensation increased from $26.82 million in 2021 to $27.11 million last year due to increases in "all other compensation."

The "other compensation" category includes security costs and personal aircraft use. Zuckerberg was paid $10 million related to the security of his family and another$14.82 million for personal security at his residences, which was actually down from $15.2 million the year before. However, that number was more than offset by compensation for costs related to personal use of his jet.

His compensation package included a $653,215 bump related to costs for personal private aircraft use. This category increased from $1.63 million in 2021 to $2.28 million in 2022.

"Mark Zuckerberg uses private aircraft for travel in connection with his overall security program …that is indirectly and wholly owned by Mr. Zuckerberg and operated by an independent charter company for business and personal travel by Mr. Zuckerberg," the statement read.

See Also:EXCLUSIVE: Instead Of Job Security Or Housing, This Is The Biggest Concern Among Americans

Why It Matters: Zuckerberg has named 2023 the "year of efficiency" for Meta. Despite trying to rein in costs, the company is still paying "unusually high" salaries to attract some of the best talents in longer-term growth areas.

Reports from earlier this week indicated Meta is paying programmers capable of creatingvirtual reality-related tech extremelyhighamountsranging from$600,000 tonearly$1 million annually.

It's not an exaggeration to say that Meta's total compensation packages are "double or more than double" of many competitors, according to a CEO of a data-driven tech recruiting firm.

Meta shareshaverallied since the company began announcing layoffs centered aroundimprovingfinancial performance by cuttingcosts. The stock is up more than 80% since the start of the year.

Check This Out:Zuckerberg Splurges: Meta VR Developer Annual Salary More Than Average American Worker Makes In 10 Years

Photo:Anthony Quintanofrom Flickr.

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Former White Sox pitcher, world champ Jenks dies

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Former White Sox pitcher, world champ Jenks dies

Bobby Jenks, a two-time All-Star pitcher for the Chicago White Sox who was on the roster when the franchise won the 2005 World Series, died Friday in Sintra, Portugal, the team announced.

Jenks, 44, who had been diagnosed with adenocarcinoma, a form of stomach cancer, this year, spent six seasons with the White Sox from 2005 to 2010 and also played for the Boston Red Sox in 2011. The reliever finished his major league career with a 16-20 record, 3.53 ERA and 173 saves.

“We have lost an iconic member of the White Sox family today,” White Sox chairman Jerry Reinsdorf said in a statement. “None of us will ever forget that ninth inning of Game 4 in Houston, all that Bobby did for the 2005 World Series champions and for the entire Sox organization during his time in Chicago. He and his family knew cancer would be his toughest battle, and he will be missed as a husband, father, friend and teammate. He will forever hold a special place in all our hearts.”

After Jenks moved to Portugal last year, he was diagnosed with a deep vein thrombosis in his right calf. That eventually spread into blood clots in his lungs, prompting further testing. He was later diagnosed with adenocarcinoma and began undergoing radiation.

In February, as Jenks was being treated for the illness, the White Sox posted “We stand with you, Bobby” on Instagram, adding in the post that the club was “thinking of Bobby as he is being treated.”

In 2005, as the White Sox ended an 88-year drought en route to the World Series title, Jenks appeared in six postseason games. Chicago went 11-1 in the playoffs, and he earned saves in series-clinching wins in Game 3 of the ALDS at Boston, and Game 4 of the World Series against the Houston Astros.

In 2006, Jenks saved 41 games, and the following year, he posted 40 saves. He also retired 41 consecutive batters in 2007, matching a record for a reliever.

“You play for the love of the game, the joy of it,” Jenks said in his last interview with SoxTV last year. “It’s what I love to do. I [was] playing to be a world champion, and that’s what I wanted to do from the time I picked up a baseball.”

A native of Mission Hills, California, Jenks appeared in 19 games for the Red Sox and was originally drafted by the then-Anaheim Angels in the fifth round of the 2000 draft.

Jenks is survived by his wife, Eleni Tzitzivacos, their two children, Zeno and Kate, and his four children from a prior marriage, Cuma, Nolan, Rylan and Jackson.

The Associated Press contributed to this report.

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In search of infield options, Yanks add Candelario

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In search of infield options, Yanks add Candelario

NEW YORK — The New York Yankees, digging for options to bolster their infield, have signed third baseman Jeimer Candelario to a minor league contract and assigned him to Triple-A Scranton/Wilkes-Barre, the affiliate announced Saturday.

Candelario, 31, was released by the Cincinnati Reds on June 23, halfway through a three-year, $45 million contract he signed before the start of last season. The decision was made after Candelario posted a .707 OPS in 2024 and batted .113 with a .410 OPS in 22 games for the Reds before going on the injured list in April with a back injury.

The performance was poor enough for Cincinnati to cut him in a move that Reds president of baseball operations Nick Krall described as a sunk cost.

For the Yankees, signing Candelario is a low-cost flier on a player who recorded an .807 OPS just two seasons ago as they seek to find a third baseman to move Jazz Chisholm Jr. to second base, his natural position.

Candelario is the second veteran infielder the Yankees have signed to a minor league contract in the past three days; they agreed to terms with Nicky Lopez on Thursday.

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Dodgers’ Snell pitches to hitters, ‘looked good’

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Dodgers' Snell pitches to hitters, 'looked good'

LOS ANGELES — Pitchers Blake Snell and Blake Treinen are progressing toward a return for the Los Angeles Dodgers.

Snell and Treinen each faced hitters Saturday, and Snell pitched two innings. Each could begin a rehab assignment after the All-Star break.

The 32-year-old Snell has pitched in two games for the Dodgers following his five-year, $182 million free agent deal after spending last season with the San Francisco Giants and three before that with the San Diego Padres. He is a two-time Cy Young Award winner.

“(Snell) looked good. He looked really good,” manager Dave Roberts said. “I don’t know what the velo was but the ball was coming out really well. He used his entire pitch mix. I thought the delivery was clean, sharp, so really positive day.”

The Dodgers’ starting rotation has been injury-prone this season but is starting to get a boost from Shohei Ohtani, the two-way superstar who is working as an opener in his return from elbow surgery.

Treinen is looking to get back to his role in the back end of the bullpen. He threw one inning Saturday.

“Blake Treinen I thought was really good as well,” Roberts said. “Both those guys should be ready at some point in time shortly after the All-Star break.”

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