C-Suite Shakeup at BlackBerry

CFO,COO, and ousted by housecleaning interim CEO.
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News Byte

Fab Confirms Departure of COO Beth Ferreira

As AllThingsD reported she would earlier this month, Fab.com COO Beth Ferreira will soon leave the company. Ferreira’s departure was announced by CEO Jason Goldberg in a blog post on Sunday. This is the second major departure for the commerce company this month, as Fab co-founder Bradford Shellhammer also announced his plans to leave his day-to-day role at the company.

Zynga Names Clive Downie as New COO

A new exec with a past in social and mobile gaming.
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Sheryl Sandberg Wants You to Trust Facebook More (Video)

A year from now, let’s hope it’ll be much harder to accidentally share your college debauchery pictures on Facebook.
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New Yahoo COO Henrique De Castro Hints at the Future of the Web Portal (Pro Tip: Get Personal!)

A bit of insight from Yahoo’s new ops man, in a very general way.
Yahoo COO Henrique De Castro, right, in conversation at DLD Munich.

Twitter Shuffles Top Brass With New COO and CFO Appointments

Big moves in the top ranks for the microblogging service.
Newly dubbed Twitter COO Ali Rowghani.

News Byte

Facebook COO Sandberg Sells $26 Million in Shares

Sheryl Sandberg, chief operating officer of Facebook, sold nearly 1 million shares of company stock on Friday, according to an SEC filing. The sale comes after a strong November on the Nasdaq for Facebook shares, as the stock price rose nearly 40 percent over the past 30 days. Sandberg netted close to $26.2 million from the sale, though she still retains close to 20 million shares of company stock.

Groupon Tries Out Having a COO Again, Promotes Kal Raman

Groupon is hoping the third time is the charm.
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The $56 Million Man: Yahoo Confirms Hiring of Google’s De Castro as COO

Yes, that’s a lot of dough for the multi-lingual sales exec.
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News Byte

AOL Names Karen Dykstra as New CFO, Adds PepsiCo VP to Board

AOL on Wednesday appointed Karen Dykstra as chief financial officer, moving her over from the board member position she held since 2009. Dykstra fills the seat left by Artie Minson, who shifted to COO three months ago. Dykstra held previous CFO positions at Plainfield Asset Management and Automatic Data Processing. Also of note: PepsiCo executive VP and CFO Hugh Johnston has been added to AOL’s board.

Does Tim Cook Need His Own Tim Cook?