David Ebersman is New Facebook CFO

by Truemorist | June 29, 2009 at 12:16 pm

384 views | 0 Recommendations | 0 comments

Facebook has finally hired a new CFO: David Ebersman, former chief financial officer of Genentech. Three months ago, former Facebook CFO Gideon Yu announced that he was taking off, and the search for his replacement has taken a while.

"We received a lot of interest in the CFO position and had the opportunity to meet with many impressive candidates," said Facebook CEO Mark Zuckerberg. "We quickly recognized that David was the right person for Facebook. He was Genentech's CFO while revenue tripled, and his success in scaling the finance organization of a fast growing company will be important to Facebook."

Genentech is a genetic engineering and biotech firm, so perhaps Facebook should look to them for design direction, too, to keep the profile pages from mutating themselves into total silliness. Just a thought.

0 See all footage | View Slideshow

Share: email story | add to any | Digg | facebook | stumbleupon