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Sheryl Sandberg

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Sheryl Sandberg
Sandberg at the Moët Hennessy Financial Times Club Dinner in 2011.
Born (1969-08-28) August 28, 1969 (age 54)
Washington, D.C., United States
Alma materHarvard University
(A.B. 1991 & M.B.A. 1995)
OccupationCOO of Facebook
Spouse(s)Brian Kraff (divorced);
David Goldberg (2004–present)

Sheryl Kara Sandberg[2] (born August 28, 1969) is a Jewish-American businesswoman. She is the current chief operating officer of Facebook. Prior to Facebook, Sandberg was Vice President of Global Online Sales and Operations at Google. She also was involved in launching Google's philanthropic arm Google.org. Prior to Google, Sandberg served as chief of staff for the United States Department of the Treasury.

Early life and career

Sheryl Kara Sandberg was born in 1969 in Washington, D.C., United States,[3] the daughter of Adele and Joel Sandberg and the oldest of three siblings.[2] Her family moved to North Miami Beach, Florida when she was two years old.[3] She attended public school, where she was "always at the top of her class."[3] Sandberg taught aerobics in the 1980s while in high school.[4]

In 1987, Sandberg enrolled at Harvard College and in 1991, graduated with a B.A. in Economics and was awarded the John H. Williams Prize for the top graduating student in economics.[5] While at Harvard, Sandberg met then professor Larry Summers who became her mentor and thesis adviser.[6] Summers recruited her to be his research assistant at the World Bank,[3] where she worked on health projects in India dealing with leprosy, AIDS, and blindness.[7] She was inducted into the Phi Beta Kappa Society.[3]

In 1993, she enrolled at Harvard Business School and in 1995 she earned her M.B.A. with highest distinction.[5] After business school, Sandberg worked as a management consultant for McKinsey & Company. From 1996 to 2001, Sandberg served as Chief of Staff to then United States Secretary of the Treasury Larry Summers under President Bill Clinton where she helped lead the Treasury’s work on forgiving debt in the developing world during the Asian financial crisis.[7]

Facebook

In late 2007, Mark Zuckerberg, co-founder and CEO of Facebook, met Sandberg at a Christmas party held by Dan Rosensweig; at the time, she was considering becoming a senior executive for the Washington Post Company.[3] Zuckerberg had no formal search for a COO but thought of Sandberg as "a perfect fit" for this role.[3] They spent more time together in January 2008 at the World Economic Forum in Davos, Switzerland, and in March 2008 Facebook announced hiring Sheryl Sandberg away from Google.[8]

After joining the company, Sandberg quickly began trying to figure out how to make Facebook profitable. Before she joined, the company was "primarily interested in building a really cool site; profits, they assumed, would follow."[3] By late spring, Facebook's leadership had agreed to rely on advertising, "with the ads discreetly presented"; by 2010, Facebook became profitable.[3] According to Facebook, Sandberg oversees the firm's business operations including sales, marketing, business development, human resources, public policy and communications.[9]

Her executive compensation for FY 2011 was $300,000 base salary plus $30,491,613 in FB shares. In addition, she has 38,122,000 restricted stock units (worth approx. $1.15 billion at $30/share) that will be completely vested by October 2020, subject to her continued employment through the vesting date. [10]

Personal life

In 2004, Sandberg married David Goldberg.[2] Goldberg later became CEO of SurveyMonkey.[3]

Other

In 2009, Sandberg was named to the board of the Walt Disney Company.[11] She also joined the Board of Directors of Starbucks which comes with a $280,000 annual salary.[12] She also serves on the boards of the Brookings Institution, Women for Women International, V-Day, and the Ad Council.[5] In 2008, she wrote an article for The Huffington Post in support of her mentor Larry Summers who was then under fire for his comments about women.[13] In May 2011, Sandberg gave the Commencement Address at the Barnard College graduation ceremony.[14]

Rankings

Sheryl Sandberg has been ranked one of the 50 "Most Powerful Women in Business" by Fortune Magazine since at least 2008. In 2007, she was ranked #29 and was the youngest woman on the list.[15] In 2008, she was ranked #34.[16] In 2009, Sheryl was #22 on 50 Most Powerful Women in Business by Fortune.[17] In 2010, Sandberg was #16 on 50 Most Powerful Women in Business by Fortune.[18]

In addition, in 2007, she was ranked #19 on 50 "Women to Watch" by The Wall Street Journal.[19] She was ranked 21 on that list in 2008.[20] In 2011, she was ranked #5 on "the world's 100 most powerful women" by Forbes.[21]

Sandberg was also named one of the "25 Most Influential People on the Web" by Business Week.[22]

References

  1. ^ Post a Job (2012-01-02). "REGISTRATION STATEMENT ON FORM S-1". UNITED STATES SECURITIES AND EXCHANGE COMMISSION. Retrieved 2011-03-10.
  2. ^ a b c "Sheryl Sandberg, David Goldberg". Weddings/Celebrations. The New York Times. 2004-04-18. Retrieved 2011-07-16.
  3. ^ a b c d e f g h i j Auletta, Ken (2011-07-11). "A Woman's Place". The New Yorker. Retrieved 2011-07-16.
  4. ^ "Sheryl Sandberg on Facebook's Future". BusinessWeek. 2009-04-08. Retrieved 2010-07-22.
  5. ^ a b c "Executive Bios". Facebook. Retrieved 2010-07-22.
  6. ^ Hempel, Jessi (2008-04-11). "Sheryl Sandberg: Facebook's new number two to Zuckerberg - Apr. 11, 2008". Money.CNN.com. Retrieved 2010-07-22.
  7. ^ a b "Sheryl Sandberg, An Inside View of Facebook". Newsweek. 2008-10-04. Retrieved 2010-07-22.
  8. ^ Swisher, Kara (2008-03-04). "Sheryl Sandberg Will Become COO of Facebook". All Things Digital. Retrieved 2010-07-22.
  9. ^ "Executive Bios". Facebook.com. 2011-09-17. Retrieved 2011-09-17.
  10. ^ http://www.sec.gov/Archives/edgar/data/1326801/000119312512034517/d287954ds1.htm
  11. ^ "UPDATE 2-Disney nominates Facebook's Sandberg to board". Reuters. 2009-12-23. Retrieved 2010-07-22.
  12. ^ Arrington, Michael (2009-03-27). "Facebook COO Sandberg Joins Starbucks Board Of Directors". Techcrunch.com. Retrieved 2010-07-22.
  13. ^ "Sheryl Sandberg: Larry Summers' True Record on Women". Huffington Post. 2008-12-08. Retrieved 2010-07-22.
  14. ^ http://www.barnard.edu/headlines/facebook-executive-sheryl-sandberg-address-barnard-graduates
  15. ^ Benner, Katie. "The Power 50 - Sheryl Sandberg (29) - FORTUNE". Money.CNN.com. Retrieved 2010-07-22.
  16. ^ "50 Most Powerful Women - Sheryl Sandberg (34)". Money.CNN.com. 2008-10-16. Retrieved 2010-07-22.
  17. ^ "50 Most Powerful Women - 22. Sheryl Sandberg". Money.CNN.com. 2009-09-15. Retrieved 2010-07-22.
  18. ^ "50 Most Powerful Women - 16. Sheryl Sandberg (16) - FORTUNE". Money.CNN.com. 2010-09-29. Retrieved 2010-09-29.
  19. ^ "The Other Women to Watch". The Wall Street Journal. 2007-11-19. Retrieved 2010-07-22.
  20. ^ "50 Women to Watch in 2008". The Wall Street Journal. 2008-11-10. Retrieved 2010-07-22.
  21. ^ "The world's 100 most powerful women". Forbes. Retrieved 2011-08-24.
  22. ^ "The 25 Most Influential People on the Web: The Adult: Sheryl Sandberg". BusinessWeek. Retrieved 2010-07-22.
Wikimedia Commons has media related to Sheryl Sandberg.
Business positions
Preceded by Chief Operating Officer of Facebook
2008-present 		Incumbent

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