Facebook, which is currently called Meta, is facing a wave of exodus of senior executives this year as the company faces increased regulatory scrutiny and a major public relations challenge as documents and reports emerge showing how much the company knows the damage its services are causing.
Deborah Liu, the former head of Facebook Marketplace left in February to become the CEO of Ancestry.com, and David Fisher, who was the chief revenue officer, announced his departure in March as well. Kevin Weil, one of the founders of the company's crypto division, decided to leave.
In addition, the company's former head of advertising, Caroline Iverson, announced that she would be leaving in June and later moved to grocery delivery app Instacart, and Fidji Simo, who was at the helm of the Facebook app, became the CEO of Instacart after leaving the company also in July.
Mark Darcy resigned as chief creative officer in August. The following month, Facebook's chief technology officer, Mike Schroepfer, said he was leaving the company, and in November David Marcus, Facebook's co-founder of cryptocurrency and former Messenger boss, announced his departure at the end of the year.
Yesterday, Julien Codorneau, head of Workplace's enterprise communications programme, announced on Facebook that he is leaving the company to go to venture capital.
The announcement of Stan Chudnovsky's departure also comes one week after the departure announcement by David Marcus and the two of them came to work on Messenger after working together at PayPal.
“I love this company and this team and as a result it turned out to be one of the hardest decisions of my life,” Chudnovsky said. “I don’t have any plans to retire but I am looking forward to taking a good break for a few months and spending more time with my friends, helping companies and people, traveling, reading, exploring and learning.” .
Chudnovsky joined Facebook in 2015 as head of products for Messenger and then took over Messenger in 2018 and Chudnovsky said he will stay at Facebook until the second quarter of 2022.
With two CEOs set to replace him, Loredana Crisan will take over Chudnovsky's Messenger responsibilities, Instagram direct messages, and Messenger Kids, while Maher Saba will lead Facebook's products, which include voice calls, video calls and Facebook's 50-person meetings.