Ted Ullyot: The Replacement
Earlier this week I posted about Facebook hiring a new general counsel. Well as Caroline McCarthy pointed out, that wasn’t the full story. Apparently Ted Ullyot has been hired to replace Rudy Gadre who left the company back in July. According to Law.com, Gadre hadn’t received much family time and wanted to leave the company. Facebook has had a substantial number of employees leave the company which is odd for most startups.
Thanks to Facebook’s policy of letting early employees sell some of their shares, many have been able to profit a little from the company’s continuing success even though it has yet to go public.
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