Zuckerberg Passes On Facebook's Meeting With Analysts

By David Cohen Comment

Co-Founder and Chief Executive Officer Mark Zuckerberg is the most visible face behind Facebook, with no disrespect intended toward Chief Operating Officer Sheryl Sandberg, but according to published reports, Zuckerberg was conspicuously absent from an analyst meeting this week related to the company’s initial public offering.

The Wall Street Journal reported that Zuckerberg was not part of a Monday meeting with analysts at Facebook’s headquarters in Menlo Park, Calif., and Chief Financial Officer David Ebersman told the gathering that Zuckerberg wanted to focus on development, rather than selling the IPO.

Ebersman was joined at the meeting by Sandberg, General Counsel Ted Ullyot, Vice President of Engineering Mike Schroepfer, and VP of Product Chris Cox.

Zuckerberg’s role in Facebook’s efforts to push its IPO has not yet been determined by senior management, a source told the Journal.

It’s possible that the CEO’s absence from the analyst briefing was a psychological ploy intended to counteract possible criticism about Zuckerberg having purchased voting control from shareholders.

Readers: Are you surprised that Zuckerberg is not participating in IPO-related meetings?