Facebook's David Fischer, formerly VP of business and marketing partnerships, is now chief revenue officer of the social network.
The changes reflect how Facebook is under pressure to diversify its revenue away from Facebook's flagship app and addresses the company's move towards privacy.Facebook is giving its head advertising exec more oversight into growing revenue across all of its properties.
Facebook's top advertising exec David Fischer was bumped up to the role of chief revenue officer in March, in a move that was not publicly announced. Fischer was previously VP of business and marketing partnerships and is a longtime Facebook exec that joined the company in 2010. Previously, he oversaw Google's North American advertising teams in addition to working with other departments like Google Checkout., but it went largely unnoticed at the time.
The new title reflects Fischer's increased purview over all of the company's platforms that make money including Instagram, itsFisher, along with Carolyn Everson, VP of global marketing solutions, is often viewed by marketers as the face of Facebook's advertising business, and both work with Facebook's largest advertisers and agencies. According to a spokesperson, Fischer's role now oversees Facebook's 7 million advertisers.
The leadership changes come at the same time that Facebook is focusing on privacy and preparing to encrypt its messaging products. This spring, CEO Mark Zuckerberg outlined a number of steps that the company is taking to become more private, including new
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Participant's Jeff Skoll, David Linde to Receive Toronto Fest TributeThe duo will receive the TIFF Impact award after their Oscar winner 'Green Book' earned the top People's Choice at Toronto last year.
Read more »
Jenelle Evans and David Eason Have Family Reunion at CourthouseJenelle Evans and David Eason return to court in custody case.
Read more »
David Beckham takes Harper to meet the England squad ahead of Norway clashThe proud dad said he's hoping daughter Harper will take up his passion for football
Read more »
Obituary: David Esterly died on June 15thDavid Esterly’s art was so time-consuming that he created only around 50 pieces in his lifetime
Read more »
David Ayer to Develop Private Military Contractor Series at Showtime (EXCLUSIVE)Showtime is developing a one-hour series about private military contractors with David Ayer, Variety has learned exclusively. Ayer is attached to write and direct the series, currently titled &822…
Read more »
Ben Barenholtz, Independent Film Stalwart and Supporter of David Lynch, Dies at 83Independent film stalwart Ben Barenholtz, longtime supporter of David Lynch and the Coen brothers, died Wednesday in Prague after a brief illness. He was 83. Barenholtz had been living in Prague at…
Read more »