Facebook has found a successor to Ted Ullyot, the company’s General Counsel for the past 4 1/2 years. Facebook announced Thursday that Colin Stretch has been promoted from Deputy General Counsel to Vice President and General Counsel.
Stretch will lead Facebook’s legal and security departments.
Facebook Chief Operating Officer Sheryl Sandberg welcomed Stretch to his new position in a press release:
Colin has been an instrumental leader on the Facebook legal team and has earned the trust and confidence of management, the Board of Directors and our entire company. We are very excited to have him as our new General Counsel. … Colin’s appointment is a testament both to his abilities and to Ted’s leadership. Ted built a strong team at Facebook that we have grown to depend on for world-class counsel, which made promoting from within our company the clear and best choice.
Stretch joined Facebook in 2010, after serving as a partner for Washington, D.C. law firm Kellogg Huber Hansen Todd Evans & Figel, and has been a vital force behind some of the company’s high-profile legal cases. He was the lead negotiator for Facebook’s settlement with the Federal Trade Commission in 2011 and led the appellate victory in the Winklevoss case. Most recently, Stretch has been advising Facebook on the legal issues regarding new products.
Stretch noted in the press release how he’s excited to start:
Helping advance Facebook’s mission of connecting the world is at the center of our team’s work, and I look forward to the opportunity this new role represents. This is an extremely talented group of lawyers, and an awesome responsibility. I can’t wait to get started.
In other Facebook business news, some top Facebook execs sold company shares recently.
- Chief Financial Officer David Ebersman sold 23,400 shares for $564,759.
- Chief Technology Officer Michael Schroepfer sold 15,000 shares for $374,100
- Chief Accounting Officer Jas Athwal sold 125 shares for $3,022.50.
Photo courtesy of Stretch’s Linkedin page.