CFO Journal: Facebook CFO Ebersman Sells $42.6M of Stock
by Maxwell Murphy
David Ebersman, Facebook Inc.’s finance chief, unloaded almost 9% of his stake in the social media company on Tuesday and set a recent record for CFO stock sales.
Sales of stock by top corporate executives is a “hot topic with a lot of different views,” according to Steven Hall, managing director of Steven Hall & Partners, an executive compensation consulting firm based in New York.
“An executive should also be thinking of what message such a sale could send,” Mr. Hall said, “but that should be manageable.”