Meta Chief Business Officer Marne Levine leaving after 13 years


MENLO PARK, CALIFORNIA – FEBRUARY 02: A security guard stands next to a sign at Meta headquarters on February 02, 2023 in Menlo Park, California. Facebook’s parent company Meta reported better-than-expected fourth quarter earnings with $32.17 billion in revenue. The company’s stock surged 23 percent for its best trading day in close to a decade. (Photo by Justin Sullivan/Getty Images)

Justin Sullivan | Getty Images News | Getty Images

Meta‘s Chief Business Officer Marne Levine is stepping down after 13 years with the company, Meta announced in a release Monday.

Levine will stay in the role until Feb. 21, and she will remain an employee at Meta until she officially departs in the summer, according to the release. Meta said Nicola Mendelsohn and Justin Osofsky will take on expanded roles as senior sales and partnership leaders moving forward, and they will report to COO Javier Olivan.

Levine previously served as vice president of global public policy at Facebook, chief operating officer at Instagram and vice president of global partnerships, business and corporate development at Facebook.

“From running global policy, to growing our Instagram business as the first COO, to leading our ads and business partnerships teams, Marne has been an incredible leader at Meta over the last 13 years,” Olivan said in the release. “I’m grateful for our partnership, her commitment to Meta, and the energy she brought to the company every day.”

This story is developing. Please check back for updates.


Source link

Leave a Reply

Your email address will not be published. Required fields are marked *