Facebook Restructures With Executive Shuffle, New Divisions
Facebook is undergoing the biggest reorganization in the company’s history. Messenger, WhatsApp, and Facebook’s core app will get new leaders, while the company’s product and engineering organizations will be reorganized into three main divisions: the “Family of Apps” group, run by chief product officer Chris Cox, will include social apps Facebook, Instagram, Messenger and WhatsApp; the “New Platforms and Infrastructure” group, managed by CTO Mike Schroepfer, will cover AI, AR, VR, and blockchain tech; and the “Central Product Services” group, headed by VP of growth Javier Olivan, will handle shared features across products and apps, including advertising, analytics, and security.
While the roles of top execs Zuckerberg and COO Sheryl Sandberg will not be impacted during the changes, the company is appointing Jeff Zients as a new board member. Zients was director of the National Economic Council under President Obama.
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