Facebook CTO Mike Schroepfer to step down
Facebook confirmed Wednesday that CTO Mike Schroepfer will leave that post next year and become a part-time adviser, while longtime engineering executive Andrew Bosworth will assume the CTO role.
Why it matters: It's a major leadership shift that has one veteran engineering leader cutting back his involvement and another getting a significant promotion.
Between the lines: The move comes as Facebook is scaling up its hardware ambitions, an effort Bosworth has been leading. The company also faces an array of fresh scandals, investigations and potential regulation.
What they're saying: On Facebook, Schroepfer wrote, "This is a difficult decision because of how much I love Facebook and how excited I am about the future we are building together. This change in role will allow me to dedicate more time to my family and my personal philanthropic efforts while staying deeply connected to the company."
Go deeper: Facebook fights for its image