Facebook SEC filings: Board of directors chosen, execs offload stock

Facebook has officially decided its eight members of the company’s board of directors, a vote that was taken earlier this week at the company’s inaugural shareholders meeting. It has been a busy week for Facebook executives, some of whom also sold stock this week.

Facebook confirmed, in a recent Securities and Exchange Commission filing, the company’s board of directors:

  • Mark Andreessen
  • Erskine Bowles
  • Susan Desmond-Hellmann
  • Donald Graham
  • Reed Hastings
  • Sheryl Sandberg
  • Peter Thiel
  • Mark Zuckerberg

Several prominent Facebook executives also offloaded or transferred company stock recently.

Sandberg, the company’s Chief Operating Officer, sold 169,756 shares of Facebook stock, earning $3,996,735.26.

AW+

WORK SMARTER - LEARN, GROW AND BE INSPIRED.

Subscribe today!

To Read the Full Story Become an Adweek+ Subscriber

View Subscription Options

Already a member? Sign in