Marne Levine, the chief business officer of Meta, announced her resignation on Monday after 13 years with the business.
Levine will hold the position until February 21 and continue to work for Meta until her formal departure in the summer, per the press release. In the future, senior sales and relationship executives Nicola Mendelsohn and Justin Osofsky will have additional responsibilities and report to the chief operating officer Javier Olivan, according to Meta.
Levine formerly held the positions of chief operating officer of Instagram, vice president of global partnerships, business, and corporate development at Facebook, and vice president of global public policy at the latter company.
The powerful executive served as Instagram’s first COO and was instrumental in making the photo-sharing app one of Meta’s pillar apps alongside the main Facebook app.
Levine was appointed chief operating officer of Facebook in the summer of 2021, just a few months before the corporation changed its name to Meta to reflect its emphasis on the metaverse, which has not yet been fully constructed.
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Marne started her career at the U.S. Department of Treasury under President Bill Clinton and worked her way up to chief of staff of the National Economic Council at the White House and special assistant to the President for Economic Policy before joining Facebook.
“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,” Olivan said in the release. “I’m grateful for our partnership, her commitment to Meta, and the energy she brought to the company every day.”
