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30 Jun 2009
David Ebersman is to to take on the chief financial officer role for global online social networking website Facebook, following the company's announcement in March that its current CFO was stepping down.
Ebersman was previously CFO for drugs developer Genetech until earlier this year when it was acquired by Roche Holdings, Reuters reported.
Facebook announced earlier this year that Gideon Yu, who has previously worked in senior finance roles for Google, Yahoo, and YouTube, was stepping down and that the company was searching for a replacement with public company experience.
Ebersman will take up his new role in September this year.
Facebook, although privately held was estimated to have a market value of over $15bn following investment by Microsoft in 2007.
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Briefings
By looking at the reasons supplier statements became unfashionable, and the reasons why it is different today, this paper delves into the many benefits that can be obtained by automating the process.
Having a real and true view of your organisation’s current financial position, and having the right systems and processes in place, will ensure that you can make strong choices and are ready to capitalise on opportunities
AccountancyAgeInsight is a frequently updated resource centre for finance professionals, offering a free and easy-to-use digital library of briefings, white papers and other information resources. 
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