The new head of Instagram is current vice president of product Adam Mosseri, who is starting in his new role today.
The appointment was widely expected, but the Facebook company officially announced the news this morning in a co-author of the blog of Instagram's two outgoing founders. News came out last week that CEO Kevin Systrom and CTO Mike Krieger left the company, and would try to name replacements in the coming weeks. The appointment of the CEO took less than a week, while the role of CTO is still vacant.
"In his role leading Instagram, Adam will oversee all of the company's functions and recruit a new executive team, including a head of engineering, head of product and head of operations," said the blog.
Mosseri joined Facebook in 2008 and joined the company in various roles before Emerging was head of Instagram six months ago, so this represents a fairly rapid rise to the Instagram hotspot.
The nature of today's disclosure is also remarkable, since Krieger and Systrom are presented as central facets of the official announcement – the trio is depicted on a sofa together, while the title of the blog post is: "Co-founders Kevin Systrom and Mike Krieger announce Adam Mosseri as the new head of Instagram, "What an unusual way to make such an announcement This may be partly due to the recent negative publicity about a number of high-profile deviations at Facebook subsidiaries, including WhatsApp and Instagram.
Indeed, WhatsApp co-founder Brian Acton left Facebook last year and left about $ 850 million worth of unconditional shares, while earlier this year WhatsApp's other co-founder, Jan Koum, revealed that he was also planning to leave the company. Last week Acton gave an extensive interview and called itself a sale for accepting the money from Facebook. After Systrom and Krieger revealed that they were leaving Facebook, there were rumors of declining autonomy on Instagram, while some reports suggested that they clashed with Facebook CEO Mark Zuckerberg.
Today's official announcement clearly seeks to paint a positive image, one that depicts harmony – the Instagram cofounders as leaving to pursue other interests, rather than being forced to be forced out of disagreement.
"We will continue to be excited about the future of Instagram in the coming years as we move from a leader on Instagram to just two users out of a billion," the duo added. "We are confident that Instagram will evolve and improve under Adam's leadership and we look forward to the future of the product and the community."