Meta’s Chief Business Officer, Marne Levine steps down

Marne Levine, the Chief Business Officer of Meta, formerly known as Facebook, has announced her departure from the company. Levine has been with Facebook since 2014 and has been instrumental in expanding the company’s business partnerships.

According to a release, Levine will remain in the role until February 21, and she will continue to work at Meta until she officially departs in the summer. According to Meta, Nicola Mendelsohn and Justin Osofsky will take on expanded roles as senior sales and partnership leaders in the future, reporting to Javier Olivan, the chief operating officer.

Levine served as Facebook’s VP of global public policy before becoming Instagram’s first chief operating officer in 2014. She was later promoted to Facebook’s VP of global partnerships, business, and corporate development. Levine was named Facebook’s chief business officer in June 2021, succeeding David Fischer.

Levine’s departure comes at a time when Meta is undergoing significant changes, such as rebranding, restructuring, and regulatory scrutiny. The company has been chastised for how it handles misinformation, privacy, and competition issues.

During Levine’s tenure at Meta, the company increased its revenue significantly and expanded into new areas such as virtual reality and e-commerce. During her time at Facebook, Levine also assisted in the launch of the company’s business-oriented platform, Workplace, as well as the expansion of its advertising partnerships.

The sources for this piece include an article in Axios.

IT World Canada Staff
IT World Canada Staff
The online resource for Canadian Information Technology professionals.

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