Facebook’s executive exodus

The surprise departure from Facebook of two executives may herald a turbulent few years for the social-networking giant. Matthew Partridge reports.

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Chris Cox: instrumental in establishing Facebook
(Image credit: © 2016 Bloomberg Finance LP)

Two senior Facebook executives, Chris Daniels and Chris Cox, have left the company less than a year after being promoted to new roles. This has come as a surprise, says Hannah Murphy in the Financial Times. Cox, who joined in 2005 and was one of Facebook's first software engineers, played an "instrumental" part in building the company, helping to develop the news-feed feature, and was widely considered to be Facebook's "number three". Daniels has been overseeing the WhatsApp messaging service.

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Dr Matthew Partridge
Shares editor, MoneyWeek

Matthew graduated from the University of Durham in 2004; he then gained an MSc, followed by a PhD at the London School of Economics.

He has previously written for a wide range of publications, including the Guardian and the Economist, and also helped to run a newsletter on terrorism. He has spent time at Lehman Brothers, Citigroup and the consultancy Lombard Street Research.

Matthew is the author of Superinvestors: Lessons from the greatest investors in history, published by Harriman House, which has been translated into several languages. His second book, Investing Explained: The Accessible Guide to Building an Investment Portfolio, is published by Kogan Page.

As senior writer, he writes the shares and politics & economics pages, as well as weekly Blowing It and Great Frauds in History columns He also writes a fortnightly reviews page and trading tips, as well as regular cover stories and multi-page investment focus features.

Follow Matthew on Twitter: @DrMatthewPartri