Instagram chief questioned on pay at social-media addiction trial

Adam Mosseri, head of Instagram since 2018, testified in a Los Angeles trial over social-media addiction and was questioned about his compensation. He said his salary is roughly $900,000 a year, with performance-based bonuses that can be as high as half his salary, and that his stock-based pay has been in the "tens of millions" in some years, with some years he believes it was over $20 million.

Mosseri was the first of several tech executives to take the stand in a lawsuit that alleges Meta and YouTube engineered their platforms to addict and harm children. Snap and TikTok were named in the suit but settled before trial. Plaintiff attorney Mark Lanier pressed Mosseri on how the company set policy for cosmetic filters and whether banning such filters could have hurt growth; Mosseri replied, "I was never worried about this affecting our stock price." Meta declined to comment about Mosseri's compensation.

United States, Los Angeles

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