Facebook: two top executives to leave company

Mae Love
March 15, 2019

Cox started off at Facebook as an engineer working on News Feed, but he later moved on to other parts of the company and became one of the biggest leaders at the company after Mark Zuckerberg.

In a note to employees about Cox's departure, Zuckerberg said Cox had been talking to him for a few years about doing something else but made a decision to stay after 2016 to help improve the social network.

Cox posted about his departure on Facebook, but didn't explain why he chose to leave.

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

Facebook also said WhatsApp chief Chris Daniels is leaving the company.

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Cox on Monday informed the company of his intention to resign, according to a regulatory filing on Thursday.

"Embarking on this new vision represents the start of a new chapter for us". Daniels worked for Facebook for eight years, and was promoted to oversee WhatsApp last May. And growing viewership and advertising on videos are of growing importance to both the Facebook and WhatsApp apps. With Facebook's culture supposedly changing to focus on privacy, the company is already going through a ton of changes internally and with the head of product leaving at this time, things are going to be quite challenging.

Founding executives of Facebook-owned Instagram and WhatsApp have also recently left the company.

The move will more tightly integrate the three apps - a move that critics say could have potential antitrust implications and which reportedly has sparked disagreement among some of Facebook's senior employees.

Daniels has been at Facebook almost nine years, and previously led the company's Internet.org effort, a project aimed at bringing internet access to developing countries. Daniels will be replaced by Will Cathcart as the head of WhatsApp, however. They include hardware Vice President Andrew Bosworth, who joined shortly after Cox, as well as decade-long veterans Chief Technology Officer Mike Schroepfer and engineering Vice President Jay Parikh.

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