Instagram names Adam Mosseri as new head

Instagram names Adam Mosseri as new head
FILE PHOTO: Adam Mosseri, Vice President of Product Management for Facebook, speaks during 2016 TechCrunch Disrupt in San Francisco, California, U.S. September 14, 2016. REUTERS/Beck Diefenbach Copyright Beck Diefenbach(Reuters)
Copyright Beck Diefenbach(Reuters)
By Reuters
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(Reuters) - Facebook Inc's <FB.O> Instagram on Monday announced that Adam Mosseri, the current vice president of product, will take over as the new head of the photo-sharing app.

In a blog post https://instagram-press.com/blog/2018/10/01/co-founders-kevin-systrom-and-mike-krieger-announce-adam-mosseri-as-new-head-of-instagram, Instagram's co-founders Kevin Systrom and Mike Krieger, who have announced their departure from the company, said Mosseri will oversee all functions of the business and will recruit a new executive team.

Systrom and Krieger resigned as chief executive officer and chief technical officer of the photo-sharing app last week giving scant explanation for the move.

(Reporting by Akanksha Rana in Bengaluru; Editing by Shailesh Kuber)

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