Instagram appoints Facebook veteran Adam Mosseri as new boss

Facebook has named long-term exec Adam Mosseri as its new head, replacing co-founders Kevin Systrom and Mike Krieger, who announced they were stepping down last week.

In his previous role as head of Facebook’s news feed, Mosseri was the company’s most senior exec to visit Australialeading the company’s efforts to charm publishers onto the platform.

Mosseri moved to Instagram as head of product in May this year.

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