Meta Platforms spent $6.6 million in 2022 on personal flights for Chief Executive Mark Zuckerberg and his then-lieutenant, Sheryl Sandberg—up about 55% from 2019, the Journal found. Palo Alto Networks began subsidizing personal flights for CEO Nikesh Arora in the year ended July 2022, spending about $650,000. PepsiCo spent $776,000 on personal flights for five executives in 2022, double what it paid for the perk in 2019. Meta, for example, spent nearly $11 million on Zuckerberg and Sandberg’s personal flights from 2015 through 2019, and a further $13.3 million over the next three years. Shaw may take as many as 60 hours of personal flights on company aircraft before reimbursing Norfolk Southern, the company said in its filings.

Source: Wall Street Journal January 16, 2024 12:31 UTC