Ebersman Departs Facebook on Top After Post-IPO Stock Revival
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David Ebersman waited for the good times before saying goodbye to his friends at Facebook Inc., and he’s got almost $50 million worth of shares because of it.
Ebersman, who will be replaced as chief financial officer by former Zynga Inc. CFO David Wehner on June 1, navigated the social-networking company through the largest Internet initial public offering in May 2012. He then dealt with the blowback as the stock plunged by half over the next three months.