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Facebook chief technology officer to step down

Facebook CTO Mike Schroepfer

Patricia De Melo Moreira | AFP | Getty Images

Facebook Chief Technology Officer Mike Schroepfer on Wednesday announced he will be stepping down from his role.

Schroepfer will move to another part of the company and will be succeeded by Andrew Bosworth in 2022. Bosworth is the current head of Facebook’s hardware division.

Schroepfer posted on Facebook that “this is a hard decision due to how much I love Facebook, and how excited about the future I am building together.” This change will enable me to spend more time with my family, my personal philanthropic endeavors and to continue to work closely with the company on key initiatives such as recruiting and developing technical talent.

This is not breaking news. Keep checking back for more updates.

Mike Robinson
Mike covers the financial, utilities and biotechnology sectors for Street Register. He has been writing about investment and personal finance topics for almost 12 years. Mike has an MBA in Finance from Wake Forest University.