Facebook COO Sheryl Sandberg nominated to Disney Board
Looks like Walt Disney Co. wants to friend Facebook's chief operating officer, Sheryl Sandberg. It has nominated the prominent new media executive to its board of directors.Sandberg, 40, has been COO of Facebook for almost two years. Prior to that she was a senior executive at Google. She would become the 13th member of Disney's board if her nomination is approved at the company's next annual meeting in March. Hers would be a new independent director board seat.
Disney Chief Executive Bob Iger said Sandberg's "unique insight, born of great practical experience, will be of considerable value to Disney’s shareholders.” Disney Chairman John Pepper added that Sandberg "brings great expertise in the online world, considerable international experience and a deep understanding of consumer behavior.”
Sandberg, who has had stints at the World Bank and McKinsey & Co., also has ties to Washington. She is a former chief of staff of the United States Treasury Department. Sandberg is also on Starbucks' board of directors, which means the coffee may be better at Disney's next board meeting.
-- Joe FlintPhoto: Sheryl Sandberg. Credit: Google.