And their careers have been more disrupted than some random software engineer's career.
Also remember that since it's executives who set executive compensation, there is some incentive to inflate it.
(They can, of course, walk away if they disagree. But so can every other employee.)
Were they really? Did they just lose their jobs and are they now underwater on mortgages that their families can no longer afford without that income? How many executives lives were "disrupted" worse than that? Because I'm talking about a significant fraction of 11k people that you're dismissing as "some random software engineer."
Based on the latest proxy, he does not take any equity compensation. He only gets his $1 salary, a corporate private jet for business travel and $10M / year "to cover additional costs related to his and his family's personal security. This allowance is paid to Mr. Zuckerberg net of required tax withholdings, and Mr. Zuckerberg must apply the net amount towards additional personnel, equipment, services, residential improvements, or other security-related costs."
https://www.bamsec.com/filing/132680122000043/1?cik=1326801&...
The excerpt I quoted was written for a different purpose (namely to explain the $10M / year and whether the compensation committee deems it appropriate), so perhaps you feel that the language is somewhat vague as far as answering your question goes. I actually think it's pretty clear as it ends with
> "has requested to receive only $1 in annual salary and does not receive any bonus payments, equity awards, or other incentive compensation."
But earlier on in the document (https://www.bamsec.com/filing/132680122000043/1?cik=1326801&...), they do make the explicit assertion that you are looking for:
> "2021 Equity Awards. Mr. Zuckerberg did not receive any additional equity awards in 2021 because our compensation, nominating & governance committee believed that his existing equity ownership position sufficiently continued to align his interests with those of our shareholders."
Additionally, travel/security don't seem to have any hard spending limit and alleviates Zuck's personal tax liability. (by $27M anyway)
Per the filing you linked:
" Mr. Zuckerberg uses private aircraft for personal travel in connection with his overall security program (including, beginning in 2022, a private aircraft that is indirectly and wholly owned by Mr. Zuckerberg and operated by an independent charter company). On certain occasions, Mr. Zuckerberg may be accompanied by guests when using private aircraft. "
"the costs of Mr. Zuckerberg's security program vary from year to year depending on requisite security measures, his travel schedule, and other factors."
(Emphasis mine)
That's a joke, a tax dodge, a PR gag, a farce. There's nothing fiscally responsible about it. Taking financial responsibility, if such a thing exists, would involve giving up his equity comp or even some of his holdings. Give it to the employees whose careers you've disrupted through your bad business decisions. That's responsibility.
"Market rates" is likewise a joke.
A: "Market rates for corporate executives are obscene."
B: "They're paid market rates, what's the problem?"