“We are thrilled to hand over the reins to a product leader with a strong design background and a focus on craft and simplicity — as well as a deep understanding of the importance of community,” Systrom and Krieger stated in a assertion.
Mosseri — who joined Facebook, which owns Instagram, in 2008 — has held varied roles on the firm, together with head of News Feed and design director for Facebook’s cell apps. Most just lately, he was Instagram’s VP of product. In his new function, Mosseri will oversee “all functions of the business” and can rent a new govt workforce, together with a head of engineering, product and operations.
Before their departures, Systrom was CEO and Krieger was the chief know-how officer.
While it isn’t unusual for founders to go away after their firm is acquired, it is notable that Systrom and Krieger stayed on for six years after Facebook acquired their firm.
It’s unclear what the 2 will do subsequent. In a assertion final week, Systrom stated: “We’re planning on taking some time off to explore our curiosity and creativity again … Building new things requires that we step back, understand what inspires us and match that with what the world needs; that’s what we plan to do.”