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☆ The strange, improbable rise of Mark Zuckerberg 3.0
▼ + stars: | 2023-07-30 | by ( Kali Hays | ) www.businessinsider.com time to read: +27 min

In early July, Mark Zuckerberg unveiled the latest and perhaps most consequential product in Meta's history: a new model of Mark Zuckerberg. Silicon Valley Zuck was a husband and father with a legacy to build and protect at all costs. Silicon Valley Zuck was suddenly faced with something he'd never dealt with before, shrinking revenue. Still clinging to his persona as Silicon Valley Zuck, Zuckerberg engaged in an all-out media blitz to hawk his vision for the metaverse. They were the sort of people Harvard Zuck would have scoffed at and Silicon Valley Zuck would have gently ignored.

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☆ Female leadership in tech is falling
▼ + stars: | 2023-03-22 | by ( Mikaela Cohen | Kevin Travers | ) www.cnbc.com time to read: +7 min

With the backdrop of Women's History Month, Tacy Byham, chief executive officer of DDI, an international human resources and leadership development consultancy company, says it's no surprise the number of women in tech leadership roles is still low. Her company's research over the past 20 years shows that while the number of women in technology leadership roles has been rising, it's only ever reached 33%. But across the entire tech sector, the percentage of women in tech leadership roles is trending down, currently at 28%, according to DDI's 2023 Global Leadership Forecast, which surveyed 1,827 human resources professionals and 13,695 business leaders from over 1,500 companies around the world. Compounding the problem is the fact that on average, most companies don't offer leadership training to employees until nearly four years after they start their role. "These tasks don't always give them the points they need to help them move from a mid-level leader to an executive-level leader," she said.

☆ Meta has massively revamped its ads division. Here are the 21 most powerful execs tasked with saving the company's biggest revenue stream.
▼ + stars: | 2023-02-28 | by ( Ryan Joe | Lara O'Reilly | Lauren Johnson | ) www.businessinsider.com time to read: +1 min

Nicola Mendelsohn and Justin Osofsky are Meta's top ad execs after Marne Levine stepped down. After Meta's ad revenue took a series of hits, the company banking on an overhauled ad offering powered by AI. Insider identified Meta's 21 top ad execs tasked with reviving its most crucial revenue stream. Here are the 21 most powerful and important advertising execs still at the company, listed alphabetically. Their roles span ad sales, strategy, marketing and product across Meta's portfolio.

☆ A generation of high-profile women tech leaders have stepped aside. What’s next?
▼ + stars: | 2023-02-24 | by ( Catherine Thorbecke | ) edition.cnn.com time to read: +7 min

The tech industry has now lost an entire generation of trailblazing women leaders and replaced them mostly with men. And in the wake of the pandemic, women leaders in corporate America more broadly are more likely than ever to quit, according to the most recent Women in the Workplace report from McKinsey & Company and LeanIn.Org. Now that she’s departing, Big Tech is facing a new reckoning over its failure to promote and support women leaders, and what this could mean for the next generation of women in the industry. “Without women in the C-suite who have come before them, it could make this transition period tougher for next generation women leaders,” Kray said. “I think that what she achieved and what she modeled will be something that will live on beyond the fact that now we don’t have a female Big Tech CEO.”

☆ 'It's a huge concern': Senior-level women are calling it quits after decades climbing the career ladder
▼ + stars: | 2023-02-21 | by ( Jennifer Liu | ) www.cnbc.com time to read: +5 min

Some of the world's most powerful women are calling it quits. To give some context, for every woman stepping into a director-level leadership role, two are choosing to leave, says Alexis Krivkovich, McKinsey senior partner and an author of the joint Lean In and McKinsey "Women in the Workplace" report. The pattern has the potential to unwind decades of progress toward gender equity and increased female leadership in the workplace, she tells CNBC Make It. "They're meeting their goals and being successful, and some are choosing to leave before they get burned out," Workman adds. The problem remains that there are too few women in high levels of leadership, Krivkovich says: "Lots of men leave their positions, but we analyze and scrutinize when women leaders do in a different way.

☆ YouTubers and creator-economy insiders react to the sudden CEO shake-up, and describe the challenges that will define the future of the platform
▼ + stars: | 2023-02-18 | by ( Amanda Perelli | Marta Biino | Sydney Bradley | ) www.businessinsider.com time to read: +6 min

YouTube CEO Susan Wojcicki is stepping down, and being replaced by chief product officer Neal Mohan. YouTube chief Susan Wojcicki's sudden announcement on Thursday that she is stepping down has sent shockwaves through the creator community. Wojcicki has been YouTube's CEO since 2014, and joined parent company Google in 1999 as its first marketing manager. Chief product officer Neal Mohan will be taking over her role, having previously been in charge of key products like the short-video platform YouTube Shorts and launched subscription services YouTube Premium and YouTube TV. "Susan understood from the beginning the importance of content creators on YouTube," said Alessandro Bogliari, CEO and cofounder of The Influencer Marketing Factory.

☆ Meta Platforms Business Chief Marne Levine to Leave
▼ + stars: | 2023-02-13 | by ( Salvador Rodriguez | ) www.wsj.com time to read: 1 min

Facebook parent Meta Platforms Inc. said Monday that the executive in charge of overseeing the company’s advertising business would be leaving the company. Marne Levine , Meta’s chief business officer, is set to depart the company during the summer, just two years after being elevated to the role. Ms. Levine’s exit comes as the company struggles through one of the toughest periods it has faced in its advertising business. Over the past three quarters, Meta has recorded year-over-year declines in revenue.

☆ Meta's chief business officer is leaving after 13 years amid the company ramping up its focus on 'efficiency'
▼ + stars: | 2023-02-13 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +3 min

Meta's chief business officer Marne Levine is leaving the company, according to a post on Meta's site. Levine has also been known as a longtime confidant of Sheryl Sandberg, who stepped down from her role as Meta's chief operating officer in 2022. Levine's role will be split between her successor, Nicola Mendelsohn and Justin Osofsky, according to Meta's post. Both Mendelsohn and Osofsky have also held executive roles at the company for years and will report to Meta's Chief Operating Officer Javier Olivan in their new titles, the post noted. In a call after the earnings were released, Zuckerberg noted that the company was "removing some layers of middle management."

☆ Meta's chief business officer will leave the company after 13 years
▼ + stars: | 2023-02-13 | by ( Ashley Capoot | ) www.cnbc.com time to read: +2 min

Marne Levine, vice president of global partnerships and business development for Facebook Inc., speaks during the Fortune's Most Powerful Women Summit in Washington, D.C., U.S., on Wednesday, Oct. 23, 2019. Meta 's Chief Business Officer Marne Levine is stepping down after 13 years with the company, Meta announced in a release Monday. Levine previously served as vice president of global public policy at Facebook, chief operating officer at Instagram and vice president of global partnerships, business and corporate development at Facebook. Levine was named Facebook's chief business officer in the summer of 2021, a few months before it changed its name to Meta to indicate its focus on the yet-to-be-developed metaverse. "I'm grateful for our partnership, her commitment to Meta, and the energy she brought to the company every day."

☆ Meta business chief to depart
▼ + stars: | 2023-02-13 | by ( ) www.reuters.com time to read: +1 min

Feb 13 (Reuters) - Meta Platforms (META.O) said on Monday Chief Business Officer Marne Levine was leaving the owner of Facebook after a 13-year stint. Fifty-two-year-old Levine, appointed as the company's first chief business officer in 2021, has served in various other executive positions at the social media company, including chief operating officer of Instagram. The company said it expanded Nicola Mendelsohn's role as head of global business group and named Justin Osofsky as head of online sales, operations and partnerships, in the wake of Levine's imminent departure. The changes come at a time when Meta has promised to cut costs by $5 billion in the year to a range of $89 billion to $95 billion, calling 2023 the "Year of Efficiency". Reporting by Chavi Mehta in Bengaluru; Editing by Krishna Chandra Eluri and Maju SamuelOur Standards: The Thomson Reuters Trust Principles.

☆ Meta's top ads boss tells Insider how artificial intelligence is saving its ad business and what's the next big opportunity for Reels
▼ + stars: | 2023-02-02 | by ( Lauren Johnson | ) www.businessinsider.com time to read: +3 min

Meta's ad chief Marne Levine told Insider that AI will play a bigger role boosting advertisers' creative. Meta is also exploring new ways to make money from short-form video Reels. Meta's rebuilt ad business has seen early success after it took a $10 billion hit last year thanks to Apple's privacy update. "There is a general feeling of uncertainty because the context is changing week-to-week," Marne Levine, chief business officer for Meta, told Insider. While Meta advertisers might be pulling back because of the economy, Meta still has an advantage over other digital ad platforms.

☆ Meta's chief business officer said the company is 'probably not the right place' for employees who aren't comfortable with its changing focus on the metaverse
▼ + stars: | 2022-10-12 | by ( Samantha Delouya | ) www.businessinsider.com time to read: +2 min

She said Meta employees have an "acceptance that things are going to change and evolve." "If you're not comfortable with that, it's probably not the right place for you," she said. At Fortune's Most Powerful Women Summit on Tuesday, Meta chief business officer Marne Levine discussed the company's evolving focus toward the metaverse and its impact on Meta's workers. Levine added, "if you're not comfortable with that, it's probably not the right place for you." Levine said that Meta employees have had to become accustomed to adapting to change at the company.

☆ Disney reaches deal with activist investor Third Point, will add former Meta executive to its board
▼ + stars: | 2022-09-30 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +3 min

The Disney+ website on a laptop computer in the Brooklyn borough of New York, US, on Monday, July 18, 2022. On Friday, Disney said in a public filing that, with Third Point's support, it would add Everson to its board ahead of its board meeting in November. The deal comes weeks after Third Point took a new stake in Disney representing about 0.4% of the company and urged the media company to spin out its sports property, ESPN. Disney has reached a deal with activist investor Dan Loeb's Third Point, which includes adding former Meta executive Carolyn Everson to its board of directors, the companies said on Friday. With Everson, who will officially take her seat on November 21, Disney will have 12 board members.

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