Kara Swisher

Recent Posts by Kara Swisher

Former Netscape CFO Peter Currie Will Be New Facebook Financial Adviser, Until New CFO Is Found


In a back-to-the-future move, former Netscape CFO Peter Currie will be the key adviser to Facebook about financial matters, until a new CFO is found, sources said.

The temporary move puts a well-known and well-liked Silicon Valley figure in place at the company at what is surely a tumultuous moment. Currie has most recently been a venture investor.

Today, Facebook parted ways with its CFO, Gideon Yu, saying it was prepping for an eventual IPO.

But others sources at the company said Yu and Facebook CEO and founder Mark Zuckerberg had had intensifying differences in recent weeks over a range of issues.

In Currie, Zuckerberg gets a seasoned tech exec, with deep ties in the sector. He serves on the board of Sun Microsystems (JAVA), one of many such seats he has held at tech companies.

And, perhaps most significant of all, Currie is very close with Facebook board member and Netscape Communications co-founder Marc Andreessen. Sources said Andreessen was also influential in the decision related to Yu leaving his job.

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I think the NSA has a job to do and we need the NSA. But as (physicist) Robert Oppenheimer said, “When you see something that is technically sweet, you go ahead and do it and argue about what to do about it only after you’ve had your technical success. That is the way it was with the atomic bomb.”

— Phil Zimmerman, PGP inventor and Silent Circle co-founder, in an interview with Om Malik