Facebook Advertising Boss Carolyn Everson Leaving the Social-Media Company

By Sarah E. Needleman

Carolyn Everson, Facebook Inc.'s head of global advertising sales and one of the ad industry's most powerful executives, said she is leaving the company.

Ms. Everson spent more than a decade at Facebook and helped the social-media company grow into a global ad behemoth. Ad revenue accounted for $84.2 billion of Facebook's nearly $86 billion of revenue last year.

"I am extremely proud of what we set out to accomplish but way more proud of my team and the support we showed each other, especially in difficult times," Ms. Everson said in a post on her Facebook page. "I always said no one will ever mention at my funeral the amount of revenue I oversaw. But hopefully one day someone will say my legacy at Facebook was in how I showed up for my team, for our clients and for our industry."

Ms. Everson's departure comes after Facebook earlier this month appointed Marne Levine, a longtime lieutenant to operating chief Sheryl Sandberg, to the newly created role of chief business officer. The new business officer role oversees the company's advertising business and global partnerships.

Facebook said Nicola Mendelsohn will be the interim leader of the global business group that Ms. Everson managed. Ms. Mendelsohn had oversight of the group's Europe, Middle East and Africa region and has been at Facebook for more than eight years.

"We wish Carolyn the best as she moves into a new chapter," a Facebook spokeswoman said. "We are grateful for her contributions."

Write to Sarah E. Needleman at sarah.needleman@wsj.com

(END) Dow Jones Newswires

June 09, 2021 14:33 ET (18:33 GMT)

Meta Platforms (NASDAQ:META)
Historical Stock Chart
From Mar 2024 to Apr 2024