NEW YORK (AP) — Facebook’s No. 2 executive, Sheryl Sandberg, has turn a initial lady on a social-networking company’s house of directors.
Sandberg was lured from Google in 2008 to turn Facebook’s arch handling officer. Besides being a initial woman, she is a initial Facebook executive other than owner and CEO Mark Zuckerberg on a board.
There had been calls for a association to supplement women to a house forward of a initial open charity of batch in mid-May.
In announcing a pierce Monday, Facebook Inc. didn’t contend either it came in response to calls to supplement women. But as a No. 2 to Zuckerberg, she was a judicious choice.
“Sheryl has been my partner in using Facebook and has been executive to a expansion and success over a years,” Zuckerberg pronounced in a statement. “Her bargain of a goal and long-term opportunity, and her knowledge both during Facebook and on open association play creates her a healthy fit for a board.”
Sandberg has been mostly obliged for building Facebook’s promotion business. She also mostly serves as Facebook’s open face, appearing during conferences and critical meetings, while Zuckerberg mostly prefers to stay in a credentials and concentration on Facebook’s products.
Sandberg’s appointment is rather symbolic. She is already a rarely successful executive during Facebook, that is doubtful to change with her house appointment. That said, Zuckerberg still controls Facebook and a house due to his holding some-more than half of a voting stock.
Sandberg, 42, joins Zuckerberg, Netflix arch Reed Hastings and entrepreneurs Marc Andreessen, James Breyer and Peter Thiel. Also on a house are Donald Graham, CEO of The Washington Post Co., and Erskine Bowles, boss emeritus of a University of North Carolina system.
Sandberg also serves on a play of The Walt Disney Co. and of groups such as Women for Women International. She won’t accept any additional financial remuneration for a house role.
UltraViolet, a women’s rights organisation that has been seeking Facebook to supplement women to a board, pronounced a debate “should have never been necessary.”
“We wish this is a initial step for Facebook and in a entrance months some-more women will be combined to their board,” UltraViolet co-founder Nita Chaudhary pronounced in a statement. “In addition, we wish that other companies with all-male boards, quite those in a tech sector, will follow Facebook’s lead.”
Most vast companies have during slightest one womanlike house member, though that’s where it ends for many of them. According to a news on corporate house gender farrago from corporate advisory organisation Glass Lewis, 91 percent of companies in a SP 500 had during slightest one womanlike house member in 2011.
Catalyst, a nonprofit organisation that advocates for women in business, says in a news that usually 16.1 percent of house seats during Fortune 500 companies were hold by women final year.
Companies in a appetite and record sectors had a lowest levels of womanlike house representation, a Glass Lewis news found.
Copyright © 2012 The Associated Press. All rights reserved.
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