Posted on 10/06/2012 10:04:35 AM PDT by Uncle Chip
Joe Lockhart, Facebook Inc's head of global communications and a former press secretary for President Bill Clinton, is leaving the social networking company, Facebook said.
Lockhart, who is the latest high-profile executive to depart Facebook following its disappointing initial public offering in May, is leaving 15 months after joining the world's No.1 social network.
A Facebook spokeswoman said that Lockhart is leaving because he decided he wanted to remain on the East Coast, and did not want to move to California, where Facebook is headquartered.
Goodbye: Joe Lockhart,Facebook's head of global communications, is leaving his role with the company after just 15 months, his first day on the job pictured
Prior job experience: Seen in 1998, Lockhart previously served as President Bill Clinton's White House press secretary Lockhart's last day at Facebook has not yet been determined. The Facebook spokeswoman said the company hopes to continue to work with Lockhart as an independent consultant.
Lockhart was the chief spokesman and senior adviser to President Clinton between 1998 and 2000, and co-founded the Glover Park Group communications firm in 2001.
(Excerpt) Read more at dailymail.co.uk ...
Just a humble observation....but I suspect that Facebook will cheapen itself enough in three years...that Apple can walk in and buy them for half the value they are today. Although I can’t see any logical reason why anyone would buy Facebook. I just don’t see any real profit ever coming out of the company.
Lockhart, who is the latest high-profile executive to depart Facebook following its disappointing initial public offering in May, is leaving 15 months after joining the world's No.1 social network.
*****************
TH-H-H-H-h-h-i-h-i-i-i-i-i-i-s-s-s-s-s-s-s....
EXPLAINS A LOT!!
Michelle Malkin / @Twitchy...
....heads up!
Don’t forget:
It’s A 2 4 1 special today only:
Blow for Facebook after Zynga that provides much of it cash suffers share price collapse
http://www.freerepublic.com/focus/f-chat/2941167/posts
“And now the great seer, soothsayer, sage and former press secretary for President Bill Clinton...” departs Facebook.
Who would trust a shill who LIED to the American public about Bill Clinton's perjury, bribing and intimidating witnesses in a sexual harassment lawsuit, etc?
Facebook revealed themselves to be an unethical company with that hiring decision.
Failed to recreate that wonderful dot-com bubble that Bubba loves taking credit for..
Who would have bought that stock if they knew he was there shilling for it???
This basically says that he’s shorting FB stock. Chances are pretty good that he’s got some stock or options that vest over time. By walking away he’s basically saying that he does not place much values on those shares or options.
“”Failed to recreate that wonderful dot-com bubble that Bubba loves taking credit for..””
You’re exactly right. Clinton deserves no credit for the dot.com boom. Sure he cut capital gains taxes but that was mainly a Republican thing. Clinton attacked the flagship of the computer revolution — Microsoft. He tried to break up the highly successful company and destroy it.
In the end, tax-hiking Der Schickster inhibited rather than fostered the growth of the economy in the 1990s.
Thanks Uncle Chip.
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