Facebook Selects David Ebersman as Chief Financial Officer

PALO ALTO, Calif., June 29 /PRNewswire/ -- Facebook today announced that David
Ebersman, the former executive vice president and chief financial officer
(CFO) of Genentech, the pioneering biotechnology firm recently acquired by
Roche, will become the company's chief financial officer.

Ebersman will report to Chief Executive Officer (CEO) and Founder Mark
Zuckerberg. He will oversee Facebook's finance, accounting, investor
relations, and real estate functions. He also becomes a part of the company's
executive management team, which directs all aspects of company strategy,
planning and operations. Ebersman will formally start in September 2009.

"We received a lot of interest in the CFO position and had the opportunity to
meet with many impressive candidates," said Mark Zuckerberg. "We quickly
recognized that David was the right person for Facebook. He was Genentech's
CFO while revenue tripled, and his success in scaling the finance organization
of a fast growing company will be important to Facebook."

"After meeting with Mark and the rest of the team, I was thoroughly impressed
with everyone's drive and sense of purpose to help people connect and share,"
noted Ebersman. "Mark is constantly pushing the company forward and he's
assembled a world-class team that is achieving remarkable results both for its
users and as a business. I'm excited to join this effort and this new
industry."

Ebersman worked at Genentech for nearly 15 years. He served as the firm's
executive vice president and CFO from 2006 through April 2009, when Roche
Group acquired the company. Prior to joining the company's finance
organization, he was senior vice president of Product Operations. He joined
Genentech as a business development analyst. Previously, he was a research
analyst at Oppenheimer & Company Inc.

About Facebook
Founded in February 2004, Facebook's mission is to give people the power to
share and make the world more open and connected. Anyone can sign up for
Facebook and interact with the people they know in a trusted environment.
Facebook is a privately held company and is headquartered in Palo Alto, Calif.

Facebook(R) is a registered trademark of Facebook Inc. Other names may be
trademarks of their respective owners.

SOURCE Facebook

Larry Yu of Facebook, +1-650-543-7405, lyu@facebook.com