Here are some of Facebook’s most notable executive departures in 2021
David Marcus, head of blockchain at Facebook Inc., awaits the start of a Senate Banking Committee hearing in Washington, DC, U.S., Tuesday, July 16, 2019.
Andrew Harrer | Bloomberg | Getty Images
It has been a year of change for Facebook.
The company is reborn as Meta, its first name change since Facebook removed the “le” prefix from its name in 2005. Along with the new name, the company also announced that it would focus on building the metaverse. , an online world of augmented reality experiences.
With the new nickname and the strategic changes came major changes in the direction of the company.
Many senior executives have left in 2021 or have announced their intention to leave in the coming months. The exodus has spread across the company, from its cryptocurrency division Novi to Facebook’s Workplace enterprise software unit.
Here’s a list of Facebook’s most notable departures in 2021, listed by date of announcement:
Deborah Liu, a former head of Facebook Marketplace, left in February to become CEO of Ancestry.com.
Facebook chief revenue officer David Fischer announced on Tuesday that she would be leaving the company later this year.
Courtesy of Facebook
David Fischer, who was director of revenue, announced his departure in March. Fischer had been the head of the company’s advertising activities and in charge of its global sales organization. Its release came as Facebook prepared to make privacy changes to Apple’s iOS, which made it harder for the company to serve personalized ads.
In June, Facebook announced that Marne Levine, vice president of global partnerships and close friend of Facebook COO Sheryl Sandberg, would succeed Fischer and take on the new role of chief commercial officer.
Kevin Weil, Vice President of Product at Facebook’s Calibra, speaks on stage at the Web Summit technology conference in Lisbon, Portugal, November 5, 2019.
Horacio Villalobos | Corbis News | Getty Images
Kevin weil, one of the co-founders of Facebook’s Novi cryptocurrency division, left in March. He joined satellite imagery company Planet, which went public earlier this month.
Weil was at the heart of Facebook’s efforts to develop a cryptocurrency and digital wallet. The wallet, called Novi, was finally launched earlier this year, powered by technology from Coinbase. The currency, which is now managed by an independent association and is called Diem, is still not made public.
Prior to joining Facebook’s cryptocurrency team, Weil was Vice President of Product at Instagram and was instrumental in the development of the Stories product, which shows users full screen photos and videos that disappear afterwards. 24 hours.
Xaume Olleros | Bloomberg | Getty Images
Hugo barra, who was vice president of virtual reality, left Facebook in May. Barra had been a big hire for Facebook, having previously served as vice president of Chinese smartphone maker Xiaomi and before that as vice president of Android product management at Google.
Earlier this month, Barra announced that he had joined test start-up Covid-19 Detect as CEO.
Carolyn Everson, served as the face of the company for the main advertisers. She said in June that she would step down as vice president of Facebook’s global business group. Everson announced his departure after Levine was promoted to succeed Fischer and was given the new role of Chief Business Officer. Everson had reported to Fischer, and the two were working hand in hand.
After leaving, Everson moved to Instacart in August to take on the role of president of the grocery delivery services company. Her time with Instacart was brief – three months later she announced her departure.
Everson spent more than a decade with Facebook and was one of the company’s best-known female executives after Sandberg.
Fidji Simo, Product Manager at Facebook
Frédéric M. Brown | Getty Images
Fiji Simo, who ran the Facebook app for the past two years, became CEO of Instacart after leaving Facebook in July. Simo spent a decade with the company, growing from product marketing to one of Facebook’s most prominent female executives. She has played a key role in initiatives to bring more video content to the Facebook app through video autoplay, live streaming, and the Facebook Watch video streaming product.
Mike Verdu, who was Facebook’s vice president of augmented and virtual reality content, left in July to join Netflix as vice president of game development. Verdu left after just two years at the company, where he worked on content for Oculus VR headsets. He was previously senior vice president at Electronic Arts.
Marc d’Arcy, a former creative director, resigned his post in August after more than 10 years with the company.
Samidh Chakrabarti, the former head of civic integrity for Facebook, left in September. Chakrabarti founded the company’s civic integrity product organization, which was responsible for ensuring that its services were safe for civic engagement. This team played a crucial role in Facebook’s handling of the 2020 US presidential election, but it was disbanded in December 2020, just before the January 6 uprising in the US capital.
Since his departure, Chakrabarti has become one of the most outspoken former Facebook executives on Twitter, frequently commenting on matters related to the company.
Mike Schroepfer said in September that he would step down as chief technology officer in 2022. He will transition to a part-time senior fellow, helping Facebook recruit and develop technical talent and participate in company projects by artificial intelligence.
Schroepfer has worked at Facebook since joining as vice president of engineering in August 2008. He has been CTO since March 2013, according to his LinkedIn profile.
He will be replaced as CTO by Andrew “Boz” Bosworth, who currently heads Facebook’s hardware division. Bosworth’s rise is an indication of the growing role the Hardware plays in Facebook’s future, especially since it focuses on building the Metaverse.
Brandon silverman, founder and former CEO of CrowdTangle, left in October. Silverman joined Facebook in 2016 through the acquisition of CrowdTangle, an analytics tool that can be used to track popular posts on Facebook services.
David Marcus, now head of Facebook Financial or F2, testifying on Facebook’s digital currency proposal previously known as Libra, at a Senate Banking, House and Urban Affairs Committee hearing on Capitol Hill in Washington, DC, July 16, 2019. The cryptocurrency was renamed Diem in December 2020.
Saul Loeb | AFP | Getty Images
David Marcus, the head of Facebook’s cryptocurrency efforts, announced his departure at the end of the year in November.
Marcus joined the company in August 2014 after two years as president of PayPal. His initial role at Facebook was that of vice president in charge of the company’s Messenger service. He then launched Facebook’s financial projects unit in May 2018.
Marcus spearheaded the creation of Facebook’s Libra blockchain currency and Calibra digital wallet in June 2019. The goal was for both projects to go live in 2020. Neither saw the light of day in 2020. after Facebook faced a backlash against its cryptocurrency ambitions from lawmakers and regulators.
Julien Codorniou, who was the vice president in charge of the management of Workplace, announced that he had left Facebook and joined Felix Capital, a venture capital firm in London.
Courtesy of Julien Codorniou
Julien codorniou, who was the head of Facebook’s Workplace business communications software, said in early December that he joined venture capital firm Felix Capital.
Codorniou has led Workplace since the service launched in 2016, joining Facebook five years earlier as director of the platform’s partnerships team. Back when Codorniou was running Workplace, the product increased its reach to 7 million paying subscribers.
Stan Chudnovsky from Facebook
Horacio Villalobos | Corbis | Getty Images
Stan chudnovsky, head of the company’s Messenger division, announced in December his departure in the second quarter of 2022. He joined Facebook in 2015 as product manager for the Messenger unit.
His announcement came a week after Marcus revealed his intention to quit Facebook. They had been close colleagues at PayPal and went on to work on Messenger. Chudnovsky took over Messenger from Marcus in May 2018.
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