Meta’s Chief Business Officer Marne Levine has decided to resign from her position after a long 13-year stint. In a press release, Meta reported that the CBO will step down from her role this coming February 21, but will remain a Meta employee to ensure a smooth transition until her official departure in the summer.
To take her place, the company has appointed Nicola Mendelsohn and Justin Osofsky as Meta’s most senior sales and partnership leaders, reporting to Meta’s Chief Operating Officer, Javier Olivan.
“This new structure continues to bring our business and product teams closer together and helps them operate even more effectively to serve our clients,” the post reads.
Olivan expressed his gratitude to Levine for her commitment to the company. “From running global policy, to growing our Instagram business as the first COO, to leading our ads and business partnerships teams, Marne has been an incredible leader at Meta over the last 13 years,” he explained.
The COO also described her successors with utmost praise.
“Nicola has a strong, well-earned reputation in the ad industry, and Justin has a unique combination of product, operations and business experience that will serve him well in this new role... They’re both proven leaders, and we’re fortunate to have them leading this important work and representing the company with our advertisers and partners,” he stated.
As the Head of the Global Business Group, Nicola will oversee Global Partnerships and Engineering for Meta. Meanwhile Justin, as the Head of Online Sales, Operations and Partnerships, will manage the Content Partnerships team.
“Nicola and Justin will remain focused on serving our partners and clients by delivering strong advertiser performance, building deep product and sales connections, and expanding business messaging opportunities,” he added.
Levine has handled Meta’s advertising and business partnerships since 2021 when she took over the duties of former chief revenue officer David Fischer.