Facebook Really 'Likes' Sheryl Sandberg

NEW YORK (TheStreet) -- Facebook (FB) has "friended" its Chief Operating Officer Sheryl Sandberg, adding her to the company's Board of Directors.

Sandberg becomes the first female to join Facebook's board, adding this credential to her already impressive résumé. Sandberg is also on the board of directors The Walt Disney Company (DIS), Women for Women International, the Center for Global Development and V-Day.

She came to the social networking giant after being the vice president of Global Online Sales and Operations at Google (FB), building and managing the company's online sales channels for advertising and publishing and operations for consumer products worldwide.

Prior to that, she was Chief of Staff for the United States Treasury Department serving in the Clinton Administration, as well as an economist at the World Bank.

"Sheryl has been my partner in running Facebook and has been central to our growth and success over the years," Facebook CEO Mark Zuckerberg said in a press release. "Her understanding of our mission and long-term opportunity, and her experience both at Facebook and on public company boards makes her a natural fit for our board."

"Facebook is working every day to make the world more open and connected," Sandberg said in the statement. "It's a mission that I'm deeply passionate about, and I feel fortunate to be part of a company that is having such a profound impact in the world."

Sandberg joins a group of heavy hitters on Facebook's board. Also as directors are Zuckerberg, Marc Andreessen of Andreessen Horowitz, Erskine B. Bowles, president emeritus, University of North Carolina system, James W. Breyer of Accel Partners, Donald E. Graham, chairman and CEO, The Washington Post (WPO), Reed Hastings, chairman and CEO of Netflix (NFLX) and Peter A. Thiel of the Founders Fund.

Shares of Facebook closed Monday's session off 3% at $32.06.

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--Written by Chris Ciaccia in New York

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