Facebook Inc. (NASDAQ:FB) may soon be scrambling to replace one of its most formidable executives, COO Sheryl Sandberg. Rumors have been flying that Sandberg is one of the contenders to take over Disney CEO Bob Iger’s position, if he retires in 2016.
Sandberg helped turn Facebook into a profitable company. She also holds $695 million in Facebook shares. She has a record of success; she was once Chief of Staff to Treasury Secretary Larry Summers at the age of 27.
Facebook’s long-term potential should not lie in the hands of one person, but it should be reliant upon the culture the company puts in place. Not to mention, Facebook’s stock is strong in every sector. For the short-term, analysts find it to be positive.
Short-term traders are expected to profit, but things are not so clear for long-term investors. Moreover, over 80% of Wall Street analysts consider the stock a “buy.” This gives it a large number of bullish fans.
Disney has experienced some troubles, which led it to layoffs over the past few years. Sandberg may be able to turn that around the way she did with Facebook.