Facebook has named former Genentech executive David Ebersman to the office of chief financial officer. He replaces Gideon Yu, whose
departure was announced at the end of March.
"We received a lot of interest in the CFO position and had the opportunity to meet with many impressive candidates," said Facebook CEO Mark Zuckerberg. "We quickly recognized that David was the right person for Facebook. He was Genentech's CFO while revenue tripled, and his success in scaling the finance organization of a fast growing company will be important to Facebook."
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Source: C|Net