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 $20.32 million as of December 17th, 2024. Ms. Newstead owns 34,725 shares of Meta Platforms stock worth more than $20,322,806 as of December 21st. This net worth evaluation does not reflect any other investments that Ms. Newstead may own. Learn More about Jennifer Newstead's net worth.
How do I contact Jennifer Newstead?
Has Jennifer Newstead been buying or selling shares of Meta Platforms?
Within the last three months, Jennifer Newstead has sold $5,324,441.55 in shares of Meta Platforms stock. Most recently, Jennifer Newstead sold 905 shares of the business's stock in a transaction on Tuesday, December 17th. The shares were sold at an average price of $626.66, for a transaction totalling $567,127.30. Following the completion of the sale, the insider now directly owns 34,725 shares of the company's stock, valued at $21,760,768.50. Learn More on Jennifer Newstead's trading history.
Who are Meta Platforms' active insiders?
Meta Platforms' insider roster includes Peggy Alford (Director), Jas Athwal (Insider), Andrew Bosworth (CTO), Nicholas Clegg (Insider), Christopher Cox (Insider), David Fischer (CRO), David Fischer (CRO), Jan Koum (Director), Marne Levine (Insider), Susan Li (CFO), Jennifer Newstead (VP), Javier Olivan (COO), Sheryl Sandberg (COO & Director ), Sheryl Sandberg (COO), Michael Schroepfer (CTO), Colin Stretch (VP and General Counsel), Susan Taylor (CAO), David Wehner (CFO), David Wehner (CFO), Mark Zuckerberg (CEO), Mark Zuckerberg (CEO), and Mark Zuckerberg (Founder, Chairman & CEO). Learn More on Meta Platforms' active insiders.
Are insiders buying or selling shares of Meta Platforms?
During the last twelve months, insiders at the social networking company sold shares 183 times. They sold a total of 2,471,244 shares worth more than $1,208,031,992.17. The most recent insider tranaction occured on December, 18th when CEO Mark Zuckerberg sold 22,035 shares worth more than $13,631,512.05. Insiders at Meta Platforms own 13.7% of the company.
Learn More about insider trades at Meta Platforms. Information on this page was last updated on 12/18/2024.