Gibbs’ Next Gig: Facebook?
Posted on Mar 28, 2011
When Robert Gibbs left his White House post as the Obama administration’s chief communicator, he made some vague noises about his plans for the future beyond maintaining loose professional ties with his former boss. Now it looks as though he may join another powerful institution: Facebook. —KA
“Dealb%k” in The New York Times:
Mr. Gibbs, who left the White House in February after two years on the job, had been planning to help establish President Obama’s re-election campaign before taking a private sector job, these people said.
Facebook, however, is pressing Mr. Gibbs to consider the job more quickly, according to these people, who spoke on the condition of anonymity because the conversations were supposed to remain confidential.
A job for Mr. Gibbs at Facebook could be worth millions of dollars. While details of his potential compensation package have yet to be discussed, people briefed on the talks said that he would receive a cash salary as well as shares ahead of the initial offering. Facebook is being valued by some investors at more than $60 billion and could be the largest offering in history.
White House / Pete Souza
Back in the day: Former White House press secretary Robert Gibbs, center, converses with President Obama and assistant press secretary Tommy Vietor in the doorway to the Oval Office in March 2009.