Facebook’s Sheryl Sandberg: I Don’t Want to Be Disney CEO

Sheryl Sandberg

Facebook COO Sheryl Sandberg has no interest in taking the reins of Disney, throwing cold water on speculation that she could be next in line to replace Bob Iger.

“I don’t want another job,” Sandberg said Wedesday at Recode’s Code Conference in Rancho Palos Verdes, Calif., when asked whether she was interested in becoming CEO of Disney. “I love Facebook, and my team.” She also said she doesn’t want to run for public office.

Earlier this year, industry chatter swirled that Sandberg could be in the running as Disney CEO, after the sudden departure of chief operating officer Tom Staggs. Sandberg, 46, currently sits on Disney’s board.

Iger’s contract with Disney runs through June 2018. On the company’s earnings call this month, the exec said he currently doesn’t have “any plans” to extend his agreement beyond that.

Also at the Recode event, Sandberg addressed the question of whether Facebook would seek to remove PayPal founder Peter Thiel from its board, following revelations that Thiel secretly financed Hulk Hogan’s lawsuit against Gawker Media.

According to Sandberg, he won’t be ousted from Facebook’s board. “Peter did what he did as an independent person and he didn’t get any Facebook resources,” she said. Sandberg added that Gawker remains an active media partner for Facebook.

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  1. Marci says:

    Who wants her? She know NOTHING about the entertainment business. She should “lean forward” towards the exit door.

  2. EricJ says:

    And Disney purists wouldn’t want Cinderella in the hands of a female exec. We know what always happens.

  3. Fre says:

    Yeah, that is okay, we do not want an “American technology executive, activist, and author” (wiki) in charge of a movie studio.

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