Facebook COO nominated to Disney board
Sheryl Sandberg, who has been chief operating officer of the social network for nearly two years now, will join the board if shareholders approve in March.
Facebook isn't just for kids anymore, but it looks like Disney's still an admirer: The entertainment conglomerate has nominated Sheryl Sandberg, chief operating officer of the massive social network, to its board of directors.
In a release Wednesday, Disney made the announcement and stated that shareholders will vote on Sandberg's nomination (along with the re-election of its 12 current directors) at the company's annual meeting on March 12 in San Antonio, Texas.
"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," Disney CEO and president Robert Iger said in the release. "Her unique insight, born of great practical experience, will be of considerable value to Disney's shareholders."
Sandberg was, following the , who is now CEO of the News Corp.-owned MySpace. Sandberg has since become one of Facebook's , speaking at numerous conferences to pitch the social network's ad and marketing products.
Prior to her hire at Facebook, Sandberg was a sales executive at Google and chief of staff for the U.S. Treasury Department.
So where does Disney stand in the Web 2.0 world? It owns kiddie virtual world Club Penguin,well before the real hype began over social games and virtual goods. It's also reportedly in talks with Apple to become part of the tech giant's , and this spring became alongside original partners NBC and News Corp.