Facebook picks David Ebersman as new CFO

June 29, 2009

(AP) -- Facebook says it has named David Ebersman, a former executive at biotech firm Genentech, as its chief financial officer.

The Palo Alto, Calif.-based online hangout said Monday that Ebersman will formally start at the company in September.

He replaces Gideon Yu, who left abruptly in March. The company said at the time it was looking for someone with "public company experience."

Ebersman hails from Genentech, which is being bought by pharmaceutical company Roche Holding AG.

©2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Explore further: Roche to take over Genentech for $47 billion

Related Stories

Roche to take over Genentech for $47 billion

March 12, 2009

(AP) -- Swiss pharmaceutical giant Roche said Thursday it has agreed to buy California-based Genentech for $46.8 billion in a takeover described as the largest in Swiss corporate history.

StumbleUpon's founders buy service back from eBay

April 14, 2009

(AP) -- Two founders of Web content recommendation service StumbleUpon said Monday they bought the company back from online auction house eBay Inc., just two years after eBay purchased the startup for $75 million.

News Corp. hires more MySpace executives

April 27, 2009

(AP) -- News Corp. has hired two new executives at MySpace, expanding the online hangout's management team after having just replaced its CEO on Friday.

Facebook's $200M investment values co. at $10B

May 26, 2009

(AP) -- Facebook is getting a $200 million investment from a Russian Internet investor that values the social networking company at $10 billion even though it has yet to turn a profit.

Recommended for you

Smart home heating and cooling

August 28, 2015

Smart temperature-control devices—such as thermostats that learn and adjust to pre-programmed temperatures—are poised to increase comfort and save energy in homes.

Smallest 3-D camera offers brain surgery innovation

August 28, 2015

To operate on the brain, doctors need to see fine details on a small scale. A tiny camera that could produce 3-D images from inside the brain would help surgeons see more intricacies of the tissue they are handling and lead ...

Team creates functional ultrathin solar cells

August 27, 2015

(Phys.org)—A team of researchers with Johannes Kepler University Linz in Austria has developed an ultrathin solar cell for use in lightweight and flexible applications. In their paper published in the journal Nature Materials, ...

Interactive tool lifts veil on the cost of nuclear energy

August 24, 2015

Despite the ever-changing landscape of energy economics, subject to the influence of new technologies and geopolitics, a new tool promises to root discussions about the cost of nuclear energy in hard evidence rather than ...

0 comments

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.