Facebook spends more than $22 million on Mark Zuckerberg’s safety

Facebook's Mark Zuckerberg runs with bodyguards in Germany in 2016

Facebook's Mark Zuckerberg runs with bodyguards in Germany in 2016

Hastings was one part of broader changes to the company's board. The board election will be held at Facebook's annual shareholder meeting scheduled May 30, the company said Friday in a filing. The addition of Alford, an African-American woman, comes as Face book and other Silicon Valley companies strive for the inclusion of more women and minorities in their boards and throughout their workforces.

"What excites me about the opportunity to join Facebook's board is the company's drive and desire to face hard issues head-on while continuing to improve on the wonderful connection experiences they have built over the years", Alford said in a statement. "I look forward to working with Mark and the other directors as the company builds new and inspiring ways to help people connect and build community".

Facebook's board members include Zuckerberg, investor Marc Andreessen, chief operating officer Sheryl Sandberg, and Peter Thiel of the Founders Fund. Facebook has also nominated Peggy Alford, an executive at PayPal, to join.

Prior to PayPal, Alford worked as President and General Manager along with CFO of eBay's Rent.com. It also hosts YouTube-like shows from content creators.

Netflix CEO Reed Hastings is vacating his seat on the Facebook board of directors. Erskine Bowles, president emeritus of University of North Carolina, will also not be renominated to Facebook's board in May.

"Because of the high visibility of our company, our compensation & governance committee has authorized an "overall security program" for Mr. Zuckerberg", reads the document, which goes on to say that this amount was given "to address safety concerns due to specific threats to his safety arising directly as a result of his position as our founder, CEO, Chairman, and controlling stockholder".

"What excites me about the opportunity to join Facebook's board is the company's drive and desire to face hard issues head-on while continuing to improve on the wonderful connection experiences they have built over the years", added Alford.