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Facebook will lose another executive before the end of this year begins. David Fischer, FB’s chief revenue officer, announced his decision to leave the company.
Fischer’s departure message
Fischer posted a message on his Facebook page to let everyone know about his plans. He also said that he is proud to be part of the company and wishes it will further achieve its goals.
“I want to share the news that I’ve decided to leave Facebook toward the end of this year,” he wrote on Facebook. “This has been the job of a lifetime and I am immensely proud of all that we have accomplished over the past eleven years, and am optimistic about the path the company is on.”
He went on to say that he will stay for a bit to “focus on advancing our mission and ensuring a smooth transition.” As for the reason why he is quitting, Fischer said that he wants to spend more time with his family and friends and this is his main goal today. He would like to travel once it is safe to do so and “then think about what challenges to take on next.”
As per Bloomberg, to find someone who will replace Fischer, Facebook’s spokeswoman said the company would look internally and externally to see who fits the bill. As of the moment, Fischer will remain in his office and help with the transition.
But there is another report that says Facebook will no longer fill up the chief revenue officer post. Rather, a chief business officer post will be created, and this will be the role that Fischer’s successor will assume. His work will also include the management of partnerships, and Fischer himself will head the search for the right person for this position.
About Fischer
David Fischer, as Facebook’s chief revenue officer, led Mark Zuckerberg’s company’s advertising business. He is also in charge of the worldwide sales organization. He has been working for the firm since 2010.
Before joining FB, he was part of Alphabet Inc.’s Google and worked there with Facebook’s current chief operating officer, Sheryl Sandberg. In the late 90s, the two were employed together in the U.S. Treasury Department under Bill Clinton’s administration.
