Influential Woman of Tech making bank! - Sheryl Sandberg

Sheryl Sandberg, born in 1969, is currently the Chief Operating Officer of Facebook. She also served as Vice President of Global Online Sales and Operations at Google and Chief of Staff for the United States Department of the Treasury. Mark Zuckerberg, co-founder and CEO of Facebook, met Sandberg at a Christmas party in 2007 when she was considering being the senior executive for the Washington Post Company. According to Mark Zuckerberg, Sheryl was the “perfect person for this role”. In March 2011, Sheryl Sandberg was announced to be the first COO.


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." By late spring, Facebook's leadership had agreed to rely on advertising, "with the ads discreetly presented"; by 2010, Facebook became profitable.[4] According to Facebook, Sandberg oversees the firm's business operations including sales, marketing, business development, human resources, public policy and communications.

Her executive compensation for FY 2011 was $300,000 base salary plus $30,491,613 in FB shares.[14] According to her Form 3, she also owns 38,122,000 stock options and restricted stock units (worth approx. $1.45 billion as of mid-May 2012) that will be completely vested by May 2022, subject to her continued employment through the vesting date. 


In 2012 she became the eighth member (and the first female member) of Facebook's board of directors.[16]
In October 2012, Business Insider reported that stock units (appx. 34 million) vested in Sandberg's name accounted for nearly $790,000,000. Facebook withheld roughly 15 million of those stocks for tax reasons which left Sandberg with a neighborhood of nearly $417,000,000.




Source: ezinemark.com and wikipedia

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