Meta’s corporate development head Zoufonoun to step down after 12 years

Meta’s top executive Amin Zoufonoun, who led Facebook’s acquisitions of Instagram, WhatsApp, and Oculus, has confirmed that he is leaving the tech giant after 12 years.

In a Facebook post, Zoufonoun, designated Vice President of Corporate Development at Facebook, wrote: “Leading the corporate development function here has been the opportunity of a lifetime”.

“After almost 12 incredibly fulfilling years at Meta/Facebook, I have decided to leave the company,” according to Zoufonoun.

“From leading acquisitions such as Instagram, Whatsapp and Oculus, to working on many other industry-defining strategic initiatives alongside world-class leadership, to building a stellar team who inspires me every day, I could not have asked for a better experience – which is why I have been at it for quite a while,” he added.