Facebook Hires Top Google Exec As COO
Facebook Inc. has raided Google Inc. to hire a new chief operating officer, providing the popular online social network with more seasoned management and advertising savvy as it strives to manufacture more money without alienating its audience.
Sheryl Sandberg’s defection from Google, announced Tuesday, represents a coup for Facebook just three months after it suffered a humiliating setback in its effort to inject more commercialism into its fun-loving Web site.
As Google’s vice president of global online sales and operations for the past six years, Sandberg helped build the World Wide Web search leader into one of the world’s most prized companies. She plus helped set up Google.org, the Mountain View-based company’s philanthropic arm.
Before joining Google, she served as the U.S. Treasury Department’s chief of staff during the Clinton administration.
With Sandberg’s hiring, effective March 24, Facebook fills a void created last summer when it reassigned its previous chief operating officer, Owen Van Natta, to chief revenue officer. Van Natta
Besides helping steer Facebook’s expansion, Sandberg, 38, could serve as a mentor for the Palo Alto-based company’s 23-year-old founder and chief executive, Mark Zuckerberg, to whom she will report directly.
Sandberg said in an interview that she is just one of several veteran executives who can act as a sounding board for Zuckerberg. She plus pointed to Gideon Yu, who became Facebook’s chief financial officer in July after stints with Yahoo Inc., Google’s YouTube and a venture capital firm.
“Mark is inspiring,” Sandberg said. “He has more clarity and vision than just about anyone I ever met.”
In an interview, Zuckerberg said he is counting on Sandberg to minimize Facebook’s growth pains.
“Anyone who has ever worked with her raves about how she helped compose them better managers,” he said. “She has a terrific track record.”
Sandberg’s departure from Google comes amid widening fears on Wall Street…
Orginal post by Top Tech News
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