Investors have been alerted to Mark Zuckerberg’s love of extreme sports

This article originally appeared on Business Insider.

After a difficult couple of years, Meta is flying: revenues are growing again, profits are rising after a painful belt tightening and its shares are at record highs.

What could go wrong?

Well, maybe Mark Zuckerberg, its CEO, could get hurt, or worse, in a cage match?

That’s what Meta suggests in the new Securities and Exchange Commission filing this week. In the company’s latest annual report, investors were told that Zuckerberg routinely did risky things for fun – and that it would be a real problem for the company if he got injured doing so.

From Meta’s 10-K, filed under “risk factors”:

We currently depend on the continuity of services and the performance of our key personnel, including Mark Zuckerberg. Mr. Zuckerberg and certain other members of management participate in various high-risk activities, such as combat sports, extreme sports and recreational aviation, which carry the risk of serious injury and death.

Meta presumably refers to Zuckerberg’s well-documented embrace of all kinds of brotastic fun, including mixed martial arts, hydrofoiling, and CrossFit. He also trained for his pilot’s license, The Information reported.

And he has he’s been bumped along the way: Last year he tore his anterior cruciate ligament in a practice brawl.

Zuckerberg is certainly not the only tech mogul who likes this stuff. His rival Elon Musk, for example, flies around all the time, and famously challenged Zuckerberg to a cage match (which some people insisted would be a real thing but never went through).

But he may be the only Big Tech CEO who has called it a problem for investors.

Musk’s Tesla, for example, simply emphasizes that the company is “highly dependent” on his services and does not mention the prospect of him crashing one of his Gulfstreams. (However, it is said that Musk “does not devote all of his time and attention to Tesla” because he also runs SpaceX, X and other ventures.)

Peers like Microsoft, Apple and Amazon say their CEOs are important or don’t even mention them.

MetaRepresentatives did not immediately respond to a request for comment. But Zuckerberg basically did it, responding to a post about the 10-K filing on Threads:

It’s worth pointing out that while the “risk factor” section of any public company can be useful to analyze, as it lays out all sorts of issues that could arise, it’s usually not the kind of thing that interests most investors . The point is to insulate the company from liability if something goes wrong: “See? We told you this could happen. Now tell your lawyers to stop bothering us.”

So even if Meta takes Zuckerberg’s well-being very seriously – in 2022, he spent $15 million on the personal safety of him and his family – it’s unlikely he thinks he’ll actually get hurt. But they’re letting us I could happen, just in case.

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