Zynga CEO Mark Pincus 2011 pay package was $1.7M

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Associated Press

Posted on April 27, 2012 at 5:01 PM

Updated Friday, Apr 27 at 6:01 PM

NEW YORK (AP) — Zynga CEO Mark Pincus received a compensation package valued at $1.7 million in 2011, most of it in the form of a home security system and related expenses.

Zynga Inc. said in a regulatory filing Friday that it spent $1.2 million on the one-time purchase and installation of a security system for Pincus and his family. Pincus lives in San Francisco with his wife and two daughters. The company expects it will be a one-time expense.

Zynga, which went public in December, paid its CEO a base salary of $300,000. Pincus, 46, also received a bonus of $3,750.

The filing says that Pincus also owns about 94.6 million shares of Zynga's stock. Based on Friday's closing price, that's worth about $806 million.

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