Chief operating officer Sheryl Sandberg is the first female and eighth member on the Facebook Board of Directors announced by Facebook CEO Mark Zuckerberg on 26 June 2012. The promotion praised by The California State Teachers’ Retirement System which holds 36922 shares of Facebook. It is the second- largest pension fund in US.
She had taken part in the growth at Facebook. She maintained the revenue 3.7 billion dollar in 2011, but not able to validate its 70 billion dollar valuation in public markets. She was involved in the recent Facebook’s IPO (initial public offering). She also helped to build the company in online ad business.
Including Sandberg, Facebook board has Seven men. They include Facebook CEO Zuckerberg, W Breyer (venture capitalists James), Marc Andreessen and Peter Thiel (Washington Post Co chairman), Donald E Graham, Reed Hastings (Netfix CEO) and Erskine Bowles (a former White House chief of staff and the University of North Carolina president emeritus).
Sandberg joined Facebook as a Chief Operating Officer after Google Inc. in 2008. She is ranked no. 12 on the Fortune Most Powerful Women list. She was also named in 25 Most Influential People on the Web by Business Week.
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