Jennifer Newstead is the vice president and general counsel at Facebook, a role she has held since 2019. Newstead is the successor to the social media giant’s former general counsel, Colin Stretch.
In this position, she is tasked with defending the company against concerns over digital security, privacy, and the spread of disinformation. In her first year with the company, she earned just over $19 million in total compensation.
Prior to joining Facebook, she was the legal adviser for the U.S. Department of State for just over a year. Before that, she spent 12 years as a partner at Davis Polk & Wardwell LLP, an international law firm headquartered in New York City.
Previously, Newstead held several high-ranking positions in government, including general counsel for the White House Office of Management and Budget from 2003 to 2005; special assistant to the president and associate White House counsel from 2002 to 2003; and principal deputy assistant attorney general of the Department of Justice’s Office of Legal Policy from 2001 to 2002.
During her time at the Office of Legal Policy post-9/11, Newstead is credited with drafting the Patriot Act and briefing members of Congress on the controversial legislation which gave government agencies unprecedented power to surveil the average American citizen. Almost two decades later, at Facebook, she is dealing with similarly controversial policies regarding privacy and security. At the time of her hiring, Facebook was under federal investigation for mishandling its users’ information.
Early in her career, Newstead also clerked for Justice Stephen Breyer of the U.S. Supreme Court and Judge Laurence Silberman of the U.S. Court of Appeals, D.C. Circuit. Additionally, she was an adjunct professor at Georgetown Law.
She earned her bachelor’s degree in government at Harvard University and her juris doctorate at Yale Law School. Newstead is based in Menlo Park, California.
What is Jennifer Newstead's net worth?
The estimated net worth of Jennifer Newstead is at least $2.95 million as of June 15th, 2021. Ms. Newstead owns 8,890 shares of Facebook stock worth more than $2,948,013 as of June 21st. This net worth evaluation does not reflect any other investments that Ms. Newstead may own.
How old is Jennifer Newstead?
Ms. Newstead is currently 51 years old. There are 8 older executives and no younger executives at Facebook. The oldest executive at Facebook is Mr. Henry T. A. Moniz, Chief Compliance Officer, who is 56 years old.
How do I contact Jennifer Newstead?
The corporate mailing address for Ms. Newstead and other Facebook executives is 1601 WILLOW ROAD, MENLO PARK CA, 94025. Facebook can also be reached via phone at 650-618-7714 and via email at [email protected]
Has Jennifer Newstead been buying or selling shares of Facebook?
Over the course of the past ninety days, Jennifer Newstead has sold $432,023.00 in shares of Facebook stock. Most recently, Jennifer Newstead sold 250 shares of the business's stock in a transaction on Tuesday, June 15th. The shares were sold at an average price of $336.99, for a transaction totalling $84,247.50. Following the completion of the sale, the vice president now directly owns 8,890 shares of the company's stock, valued at $2,995,841.10.
Who are Facebook's active insiders?
Are insiders buying or selling shares of Facebook?
During the last twelve months, insiders at the social networking company sold shares 143 times. They sold a total of 4,390,557 shares worth mmore than $1,283,486,292.89. The most recent insider tranaction occured on June, 16th when Mark Zuckerberg CEO bought 77,300 shares worth more than $25,784,961.00. Insiders at Facebook own 14.0 % of the company.
Information on this page was last updated on 6/16/2021.