Facebook CFO Leaving on High With Revenue, Profit Surging
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Facebook Inc.’s Chief Financial Officer David Ebersman is leaving on a high note, as the company’s first-quarter sales and profit blew past estimates.
The company said today that Ebersman will leave by year-end, to be succeeded by former Zynga Inc. CFO David Wehner. Facebook also announced that revenue rose 72 percent to $2.5 billion, beating the average analyst estimate of $2.36 billion, according to data compiled by Bloomberg.