Amazon.com, The Bodyguard

theodp writes "While the press is running Amazon's standard we-can't-make-our-CEO-accept-more-than-$81,840 line again this year, the e-tailer's recent SEC filing does disclose an interesting new compensation tidbit. On top of what it spends to provide security for its CEO at business facilities and during business travel, Amazon shells out an estimated $1.1 million a year to cover the cost of security arrangements for billionaire CEO Jeff Bezos. Holy Jack Welch, Batman - that's a lot of door desks!"

Comments

Income tax

[Aceticon]

There's a not that uncommon tax scam for company owners which works as the following:
- Company owner is also company CEO
- Company CEO is payed minimum/symbolic wages
- Company pays for just about any expense of the owner/CEO and his family

Thus "safe"-house, bulletproof limo, bodyguard-driver, security-certified cleaning company, bulletproof yacht ...

I reckon that for a listed company, the positive advertising (and share price boosting) effects of divulging a CEO's low salary would make such a scam even sweeter ...

Re:Seems reasonable

[Zelucifer]

Well, a 3-day event involving Bush, his inauguration as a matter of fact cost $17 million dollars for security. Now when you consider that they're spending apparoximately $6.1 billion on upgrading his helicopters (increase floor space, and communications... specifically adding secure lines with constant access), Marine One if you're curious. I'd say it's quite a bit more then a hundred times.... interesting article on the Marine One upgrade if anyone is interested Popular Science