Verizon sold 4.2 million iPhone during the fourth quarter of 2011, CFO Fran Shammo said at a conference on Wednesday. That’s more than twice as many iPhone devices as it sold during the previous quarter, an increase do doubt spurred by the iPhone 4S. Read more »
Yelp has hired Rob Krolik to serve as its chief financial officer. Krolik’s resume includes time as the CFO of Shopping.com where he led the company through its IPO. Yelp CEO and co-founder Jeremy Stoppelman said Krolik’s public market savvy was key in his hiring. Read more »
Facebook said today that former Genentech executive vice president and CFO David Ebersman will join the social network site as its new CFO in September, succeeding Gordon Yiu, whose departure was announced at the end of March. Ebersman will direct Facebook’s strategy, planning and operations and […] Read more »