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Facebook is Looking for a New CFO

The popular social networking company did not give an official reason for the departure of its previous CFO, Gideon Yu, but the speculation is that it is looking for an executive with strong a strong background working in public companies.  Essentially, they need a CFO to help them prepare to become a publically traded company.  Facebook is looking for more capital to fund its growth and ever expanding technical cost.

Here is the full story via the WSJ.

This entry was posted on Tuesday, March 31st, 2009 at 9:52 pm and is filed under Finance, Technology. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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