"He agreed to take on the job after months of wooing by Mark Zuckerberg, Facebook's chief executive, who told Mr Clegg he would have a leading role in shaping the company's strategy", reported the Financial Times.
The tech giant was possibly attracted to Clegg less for his time in United Kingdom office and more for his tenure as European Trade Commissioner. Members of the European Union parliament have called for an audit of Facebook, and careful scrutiny based on competition laws.
Clegg was ousted as deputy prime minister after the Conservatives won a majority in 2015 in an election that saw his party suffer a significant loss of support.
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Charlie Nash is a reporter for Breitbart Tech.
The 51-year-old, who lost his Sheffield Hallam seat in the 2017 general election, was personally selected by Facebook's founder Mark Zuckerberg and chief officer Sheryl Sandberg, it is understood.
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He will succeed Elliot Schrage, who announced in June that he was leaving Facebook after a decade.
In March, the company faced new scrutiny over how it protects personal information after acknowledging that the data of up to 87 million people ended up in the hands of political consultancy Cambridge Analytica.
Mr Schrage will stay as an adviser, Facebook said. In November past year, Clegg issued a passionate defense of the company from "unfair criticism" by news organizations with "ulterior motives".
Irish author Anna Burns wins Man Booker Prize
Three shortlisted books were by United Kingdom authors, two by American authors, and one by a Canadian author. Her debut, No Bones , was published in 2001, and followed by Little Constructions six years later.