Facebook appoints Marne Levine as its new Chief Business Officer; details inside
By Team Newsable | First Published Jun 4, 2021, 3:06 PM ISTMarne Levine has been appointed as the Chief Business Officer of Facebook, and she will oversee Facebook's advertising business and global partnerships. Read to know more
Social media giant Facebook has appointed Marne Levine as its new Chief Business Officer, a new post. She will report to the Chief Operating Officer of Facebook, Sheryl Sandberg. Before taking on this role, Levine was the vice president of global partnerships at Facebook. She also served as the Chief Operating Officer for Instagram and has been with Facebook for over a decade.
She announced this news through a Facebook post. She wrote, “I’m excited to share that I am taking on a new role as Facebook’s Chief Business Officer. This is a new position overseeing Facebook’s advertising business and global partnerships. It is a privilege to be leading a business that enables economic and social change for our global partners, helping them to create their brand, build their community, and grow their business through the innovative solutions we offer across our platforms.”
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She went on to say, “In each of the leadership roles I’ve held at Facebook — from head of Global Policy, to COO of Instagram, to VP of Global Partnerships, Business, and Corporate Development — I’ve had the opportunity to spend time with partners (as I’ve captured here!) and businesses of all shapes and sizes. These have been my favorite moments: hearing firsthand how our solutions helped them turn their passion into a business and in many cases, changed their lives.”
Facebook’s Chief Revenue Officer David Fischer had announced that plans to leave the company towards the end of 2021. He oversaw the advertising business and managed the global sales and marketing teams.
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