Head of Instagram Adam Mosseri’s compensation came under fire during the landmark social media addiction trial against its parent company, Meta, and YouTube in Los Angeles on Wednesday.
Mosseri, who has led Instagram since 2016, revealed under questioning that he is paid roughly $900,000 a year and receives annual performance-based bonuses that can be up to half his salary, according to multiple outlets covering the trial. Mosseri also earns stock-based pay, which he said varies yearly but has been in the “tens of millions of dollars.” Some years, it’s been over $20 million, he said.
