Facebook Names David Ebersman CFO

By Andrew Gauthier 

Facebook has named former Genentech CFO David Ebersman as its own. From Silicon Alley Insider

David’s qualifications seem to be that he comes from a public company that grew its revenues at a pace Facebook hopes to match. Facebook investors expect the startup to IPO within the next 18 months — though that’s something we’ve been hearing for at least 18 months now.

Facebook had been without a CFO since Gideon Yu left the company in late March following a dispute over revenues and financing. We received a lot of interest in the CFO position and had the opportunity to meet with many impressive candidates, Facebook CEO Mark Zuckerberg said in a statement. More…

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