Facebook boss joins Disney

Who said it was a Mickey Mouse business?

By John Oates, 24th December 2009

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Facebook's chief operating officer Sheryl Sandberg is to join the board of Walt Disney.

Disney's boardroom is already graced by Apple boss Steve Jobs and presumably the company hopes Sandberg will help it improve its online and interactive offerings.

Robert Iger, Disney's President and CEO said: "Sheryl has been at the forefront of a technological revolution that's opened up a world of new possibilities for consumers and which has greatly affected the way we do business."

Sandberg was previously sales boss at Google - she joined Facebook in March 2008. She is also on the board of Starbucks.

Her appointment, and that of the other 12 directors, needs to be approved by Disney shareholders at the next AGM in March.

Facebook has turned over more than $500m, according to one of its directors. Disney's revenues were around $36bn. ®

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Posted Tuesday 29th December 2009 00:23 GMT

Anonymous Coward

Delusional

These clowns are delusional to think the Board will have any positive impact. After all, having Steve Jobs on the Disney Board has done ZERO for Disney's "computer presence" or "smart phone presence". Get real.

Posted Monday 28th December 2009 23:52 GMT

lukewarmdog

Damn them

I've also been at the forefront of the way that people see Disney and their business. Admittedly I've been there saying "Don't buy Disney, they're an evil company" but still.. surely I fit the criteria. My turnover was also 500 million, 500 million invisible Esperantinos. I appreciate that is a drop in the North Atlantic ocean but every drop counts.. just ask Opec which has been pricing by the (some might say same) drop since 1984.

I would like to be the CEO of an RIAA protected company by the time I'm 40. This is my application. Thank you.