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• Meta is facing an executive exodus, with around eight key high profile heads of different divisions announced to leave the company this year
• The social media giant has been facing increased regulatory scrutiny since the release of internal documents
Stan Chudnovsky, the vice president of Facebook’s (now Meta Platforms Inc) Messenger division, and Julien Codorniou, the vice president of Workplace, are leaving the company, two new addition to the long list of the executive exodus.
Chudnovsky on Tuesday said he would be leaving the company next year, who joined the company in early 2015 from PayPal Holdings Inc and oversaw the product under then-Messenger boss David Marcus.
He was promoted to VP of Messenger in 2018 and reported to product boss Chris Cox after Marcus left to run an internal blockchain division.
Recently, Chudnovsky has been leading the social media giant’s messaging integration efforts, which the CEO Mark Zuckerberg announced in 2018. The integration will enable messaging among all of the company’s apps.
Meta is currently developing end-to-end encryption among all the messaging services that the company provides, letting users send messages between Messenger, Instagram, and WhatsApp.
Again, Julien Codorniou, VP of Meta’s Workplace, on Tuesday said that he is leaving the company to join Felix Capital, a venture firm in London.
Codorniou led the product since its launch in 2016, joining Facebook five years earlier as a director on the platform partnerships team.
Facebook exodus
Meta is this year faced some of the worse high profile executive exoduses.
Deborah Liu, the former head of Facebook Marketplace, left the company in February to become CEO of Ancestry.com.
In March, David Fischer, the chief revenue officer, and Kevin Weil, one of the co-founders of Facebook’s Novi cryptocurrency division, announced their departure.
The social media giant’s former ads chief, Carolyn Everson, announced in June that she will be leaving the company, and Fidji Simo, the head of the Facebook app, the next month.
In August, Simo joined grocery delivery app Instacart as CEO and Everson as the president.
Mark D’Arcy stepped down from his role as the creative chief in August, and the following month Facebook’s chief technology officer Mike Schroepfer announced he would be leaving the company.
Last month, David Marcus, the head of Facebook’s cryptocurrency division, Novi, said his coming departure at the end of the year.
Regulatory pressure
The social media giant is also facing increased regulatory scrutiny and a significant public relations challenge since the release of internal documents and news reports, which brought to light that how much Facebook knows about the harms caused by its services.
Although in October, Facebook dropped its name and changed it to Meta in an attempt to spotlight its push into the metaverse, the social media giant is under a microscope for its policies for dealing with privacy and content moderation.
Picture Credit: NBC News