Sheryl Kara Sandberg is an American business woman who, as of August 2013, is the chief operating officer of Facebook. In June 2012, she was also nominated to the board of directors by the standing board members, becoming the first woman to work on Facebook’s board. Previously Facebook, Sandberg was Vice President of Global Online Sales and Operations at Google, and was convoluted in hurling Google’s humanitarian arm Google.org. In the past Google, Sheryl Sandberg served as chief of staff for the United States Secretary of the Treasury. In 2012 she was named in the Time 100, an annual list of the 100 most powerful people in the world regarding to Time magazine. As of August 2013, Sandberg is informed to be worth US$400 million.
Sheryl Sandberg was born in 1969, in Washington, D.C., in a Jewish family, the daughter of Adele (née Einhorn) and Joel Sandberg, and the eldest of three siblings. Her father is an ophthalmologist, and her mother has a PhD and operated as a French teacher earlier concentrating on hovering her children. Her family moved to North Miami Beach, Florida, when she was two years old. She joined public school, where she was “always at the top of her class.” Sheryl Sandberg taught aerobics in the 1980s while in high school.
In 1987, Sheryl Sandberg joined at Harvard College and graduated in 1991 summa cum laude with an A.B. in economics and was endowed the John H. Williams Prize for the top graduating student in economics. Whereas at Harvard, Sheryl Sandberg met then-professor Larry Summers who became her mentor and thesis adviser. Summers conscripted her to be his investigation subordinate at the World Bank, where she operated for approximately one year on health projects in India dealing with leprosy, AIDS, and blindness.
In 1993, she registered at Harvard Business School and in 1995 she earned her M.B.A. with highest distinction.
Later graduating from business school in the spring of 1995, Sheryl Sandberg worked as a management consultant for McKinsey & Company for approximately one year (1995-96.). From 1996 to 2001, Sandberg served as Chief of Staff to the United States Secretary of the Treasury Larry Summers under President Bill Clinton where she assisted lead the Treasury’s work on forbearing debt in the developing world during the Asian financial crisis. She joined Google Inc. in 2001 and served as its Vice President of Global Online Sales & Operations, from November 2001 to March 2008. Sheryl Sandberg was accountable for online sales of Google’s advertising & publishing products and also for sales operations of Google’s consumer products & Google Book Search.
In late 2007, Mark Zuckerberg, co-founder and chief executive of Facebook, met Sandberg at a Christmas party held by Dan Rosensweig; at the time, she was bearing in mind becoming a senior executive for The Washington Post Company. Zuckerberg had no formal search for a COO, but thought of Sheryl Sandberg as “a perfect fit” for this role. They spent more time organised in January 2008 at the World Economic Forum in Davos, Switzerland, and in March 2008, Facebook broadcasted hiring Sheryl Sandberg away from Google.
Later joining the company, Sandberg rapidly began trying to figure out how to create Facebook profitable. Before she joined, the company was “primarily interested in building a really cool site; profits, they supposed, would follow.” By late spring, Facebook’s leadership had agreed to rely on advertising, “with the ads discreetly presented”; by 2010, Facebook became lucrative. Regarding to Facebook, Sheryl Sandberg superintends the firm’s business operations including sales, marketing, business development, human resources, public policy and communications.
Sheryl Sandberg‘s executive reimbursement for FY 2011 was $300,000 base salary plus $30,491,613 in FB shares. Regarding to her Form 3, she also owns 38,122,000 stock options and circumscribed stock units (worth approx. $1.45 billion as of mid-May 2012) that will be absolutely bestowed by May 2022, subject to her sustained occupation through the conferring date.
In 2012 she became the eighth member (and the first female member) of Facebook’s board of directors.
In October 2012, Business Insider described that stock units (approximately. 34 million) bestowed in Sheryl Sandberg‘s name accounted for nearly US$790,000,000. Facebook withheld approximately 15 million of those stocks for tax reasons, leaving Sheryl Sandberg with nearly US$417,000,000. The media described on August 12, 2013 that Sandberg sold 2.4m shares in the company worth US$91 million (£51 million)—5 percent of her total stake in the company.