CFO David Ebersman to leave Facebook

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By Justin Lafferty Comments

DavidEbersmanDavid Ebersman, who has been Facebook’s Chief Financial Officer for nearly five years, announced today that he is leaving the company. Ebersman will be succeeded on June 1 by David Wehner, currently Facebook’s Vice President of Corporate Finance and Business Planning. Ebersman will stay with Facebook through September, then leave to resume a career in healthcare.

CEO Mark Zuckerberg commented on Ebersman’s departure:

David has been a great partner in building Facebook, and I’m grateful for everything he’s done to help make the world more open and connected. David set us up to operate efficiently and make the long term investments we need, and built an incredibly strong team including Dave Wehner, our next CFO. I look forward to working with Dave in his new role.

Ebersman discussed his decision in a press release:

This was a tough decision because Facebook is such a great company and has such a bright future ahead, but I’ve decided to move back into healthcare where I spent my career before Facebook. It’s been a privilege working at Facebook and being part of such a great team. We have an incredibly talented finance organization, and I have complete confidence in Dave Wehner and his ability to lead the team going forward.

Prior to becoming a Facebook employee, Ebersman was the CFO for Genentech.

Before Wehner joined Facebook in November 2012, he was the CFO of Zynga.