Meta Platforms says chief business officer to exit

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The chief business officer at Meta Platforms will exit the company, the corporate parent of Facebook and Instagram said in a statement on Monday.

Meta COO Javier Olivan said in the news release Levine "has been an incredible leader at Meta" over that time period, expressing gratitude for "our partnership, her commitment to Meta, and the energy she brought to the company every day."At the same time, the tech giant announced two individuals would see their positions expanded.

At the beginning of February, the company reported about $32.17 billion in fourth-quarter revenue, $31.25 billion of which came from advertising. Comparatively, Meta’s total revenue for the same quarter in 2021 was $33.67 billion, with its revenue from advertising coming in at roughly $32.64 billion.

 

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