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Tastatura - 6:21 am on Apr 1, 2009 (gmt 0)
Facebook spokesman Larry Yu confirmed to BusinessWeek that CFO Yu will be leaving the company. Now the big questions are: Why is he out? And who will replace him? Over the last two years, Facebook has lost a number of talented executives, an unusual trend for such a hot startup. Among those who have left are Matt Cohler, vice-president of product management; Dustin Moskovitz and Chris Hughes, co-founders; Adam D'Angelo, chief technology officer; Owen Van Natta, chief operating officer; Jeff Hammerbacher, engineering manager; and Benjamin Ling, platform director. Facebook's CFO Exits: Enter, the Questions [businessweek.com] [edited by: Tastatura at 6:22 am (utc) on April 1, 2009]
Facebook is replacing its chief financial officer, Gideon Yu.
"Gideon has played an important role in helping us achieve our financial success, building a strong finance team, and establishing the core financial operations of our company," said Facebook in its statement.