How much money can companies spend on security for their executives? On Friday,
found that fashion company Guess was spending $158,000 a year on "home
security" for CEO Maurice Marciano. Today, MarketBeat
ups the ante:
Last month, Google disclosed compensation of $532,755 for personal security
for CEO Eric Schmidt, which made up most of his stated compensation. On Friday,
Amazon.com revealed that the company spent about $1.2 million for security
arrangments for Chairman and CEO Jeff Bezos, who received minimal pay.
I’d love to know what this money goes on: I have visions of the kind of security
systems that are always deviously circumvented in heist flicks. Do those things
actually exist in real life? And if so, are they owned by the likes of Marciano,
Schmidt, and Bezos?