Facebook's Sheryl Sandberg Having 'Conversations' About Becoming Disney CEO

The 44-year-old Sandberg already sits on the Disney board and is said to have had conversations about her interest.

Current CEO Bob Iger is set for a mandatory retirement in two years.

The departure of Sandberg from Facebook would be both a blow to CEO Mark Zuckerberg, who recruited her personally to help steer Facebook through its IPO, and yet not unexpected.

In addition to managing the social network, Sandberg has written a book, Lean In, heads a foundation advancing women's interests, and is long-rumored to be a potential future U.S. Treasury secretary. It has been assumed for a long time in Silicon Valley that Facebook would not be the capstone of Sandberg's life's work.

Sandberg would actually be an excellent Disney CEO. She's young (just 44), has kids, knows a ton about audience data and what goes viral in the digital age, and has an MBA and a degree in economics from Harvard.

Breaking ... we're updating this post as we learn more.