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Meta Global Affairs Officer Joel Kaplan to Step Down After 15 Years

Meta Platforms announced that Chief Global Affairs Officer Joel Kaplan will depart the company next year following a 15-year tenure. Kaplan, who joined Meta in 2011, plans to step down after the upcoming midterm elections and an internal transition period. President and Vice Chairman Dina Powell McCormick will expand her executive portfolio to absorb external affairs duties, while other responsibilities will be distributed among company executives. The leadership transition arrives as Meta navigates complex political environments, artificial intelligence safety scrutiny, and an ongoing Federal Trade Commission antitrust lawsuit challenging its historical acquisitions of Instagram and WhatsApp.

Category

Meta Platforms

Sentiment

Neutral

Event

Corporate action

Reading time

1 min