Facebook product chief Cox to exit as focus shifts to messaging

Technology

(Reuters) – Facebook Inc’s chief product officer and one of its earliest employees, Chris Cox, said on Thursday he is leaving the company, just days after Chief Executive Officer Mark Zuckerberg revealed a plan to pivot the world’s biggest social network to an encryption-focused messaging company.

FILE PHOTO: Silhouettes of mobile users are seen next to a screen projection of Facebook logo in this picture illustration taken March 28, 2018. REUTERS/Dado Ruvic

Cox, one of Zuckerberg’s closest lieutenants and head of Facebook, Instagram and WhatsApp products, said in a blog he made the announcement “with great sadness” and was leaving after 13 years with the company.

“As Mark has outlined, we are turning a new page in our product direction, focused on an encrypted, interoperable, messaging network…This will be a big project and we will need leaders who are excited to see the new direction through,” Cox said in a Facebook post.

Shares of Facebook were down 1.7 percent in extended trading following the announcement.

Also departing is WhatsApp Vice President Chris Daniels, Zuckerberg said in a note here to employees.

The company does not immediately plan to fill Cox’s role in the near term, the chief executive said.

Facebook’s family of apps strategy has so far been led jointly by Cox and Javier Olivan, vice president of growth.

Zuckerberg said on Thursday Olivan will now lead identifying where Facebook apps should be more integrated, a key effort as the company moves to encrypt conversations on more of its messaging services and make them compatible.

Cox gained oversight of WhatsApp and Instagram following the exits of their founders.

In September, Instagram co-founders Kevin Systrom and Mike Krieger resigned as chief executive officer and chief technical officer of the photo-sharing app owned by Facebook.

Jan Koum, the co-founder of WhatsApp, left in April last year.

Will Cathcart, vice president of product management, will now lead WhatsApp, and Head of Video, Games and Monetization Fidji Simo will be the new head of the Facebook app, Zuckerberg said. Both Cathcart and Simo will report directly to the CEO.

Reporting by Tamara Mathias and Munsif Vengattil in Bengaluru; Editing by Sriraj Kalluvila

Products You May Like

Articles You May Like

Netherlands wins Eurovision, as Madonna causes stir with Israeli and Palestinian flags
U.S. judge says Qualcomm violated antitrust law; appeal planned, shares plunge
Tencent Video delays ‘Game of Thrones’ finale in China, prompts fan uproar
U.S. embassy issues Indonesia security alert ahead of election results
Manchester Airport fixes power issue that led to flight delays

Leave a Reply

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