back to article Head of Facebook EMEA tentacle to become Tech City UK chief

London's Tech City has poached a top Facebook VP to become its new CEO. In what is seen as a coup for the Tech City Investment Organisation, Joanna Shields, VP and Managing Director of Facebook Europe, Middle East and Africa has now taken up the £115,000-a-year CEO job. The work will involve her pushing forward Tech City's key …

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Unhappy

Really........

So, no tech, poor location (cost, accessibility, talent) - where does this administration think they are - or maybe what are they smoking? Not that the last lot were any better.

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I'm surprised Steve Bong hasn't had anything to say about this. Has anyone at the Reg approached him for a comment yet?

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Anonymous Coward

It's Monday AM - the Bongster will still be deciding which pair of baggy crotched low-rider strides to put on before heading off for a chai latte (with skinny soya milk and mashmallow sprinkles) at Starbucks.

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IT Angle

I'd do it for £110,000.

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WTF?

£115K

That's actually a really reasonable salary for a CEO-type job, if not a bit low.

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Re: £115K

I thought the Tories were supposed to be saving taxpayers money or is that only making savings on pleb level wages and lower?

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Paris Hilton

Re: £115K

Is this a govie position? I wasn't certain from the article, and being on the wrong side of the pond I'm not familiar with the current spate of Quangos or government-owned companies.

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Re: £115K

For London it is very low which begs the question: did she walk [from Facebook] or was she pushed? Then again, isn't some deadline approaching for selling Facebook shares? and TCIO could be some kind of tax-efficient bouncy castle landing on her way back to Merka.

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Thumb Down

Re: £115K@swarthy

You're right that it is low for a CEO position, but there's the rub: This is just a title. There's diddly squat to be in charge of, and just a (probably) government funded travel and expenses budget to burn through, and no accountability.

Who's pocket do we think that £115k plus comes out of?

a) The tech sector who hope to benefit

b) David Cameron's ermine lined pocket

c) Mine and yours,lined with lint and Aldi receipts

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Front page their website: The Tech City Investment Organisation was established by UKTI to support the growth of the tech cluster in East London.

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