Here's how much tech companies pay to protect their CEOs from security threats
REUTERS/Abhishek N. Chinnappa
Jeff Bezos, founder and chief executive officer of Amazon, poses as he stands atop a supply truck during a photo opportunity at the premises of a shopping mall in the southern Indian city of Bangalore September 28, 2014.
Companies like Amazon and Facebook shell out big bucks to keep their top executives safe both at home and at work.
Business Insider combed through SEC filings to find what it costs to protect some of the most powerful CEOs in tech. Because this information is found on proxy statements that companies issue at different times throughout the year, some totals reflect security costs for either 2014 or 2015 depending on when they most recently filed.Disclosure: Jeff Bezos is an investor in Business Insider through hispersonal investment company Bezos Expeditions.
Yahoo CEO Marissa Mayer: $26,891
This amount covered Mayer's security at business events and for business travel in 2014. Source
Intel executives: $51,600
Intel provided security to both its former president and its current CEO in 2015.
The $39,600 for CEO Brian Krzanich topped the $12,000 paid to Renée James, the company's former president.
Twitter CEOs Jack Dorsey and Dick Costolo: $111,930
Due to a mid-year CEO switch in 2015, Twitter split its security costs among two CEOs. Former CEO Dick Costolo cost the company $43,424 to protect in 2015. Jack Dorsey's security details cost $68,506.
In 2014, Twitter also paid for security for some of its other executives. Anthony Noto, Alex Roetter and Kevin Weil were protected for $22,560, $25,897, and $14,497, respectively, for 2014.
Google Executive Chairman Eric Schmidt: $303,142
Before Google split to become Alphabet, it spent $303,142 to protect its chairman in 2014.
IBM CEO Ginni Rometty: Up to $617,794
Rather than identifying her security costs, IBM lists costs of security under other compensation, which includes ground transportation, an annual physical, family attendance at IBM events, and other personal expenses. In 2015, Rometty's "Other Compensation" totaled $866,621, which of that $248,827 was use of company aircraft. That means her security costs alongside all those other expenses could be up to $617,794. Source.
Oracle founder Larry Ellison: $1,530,601
Costs for his home security in fiscal year 2015. Source.
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