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Photo: Paul Morigi/Getty Images for Fortune

Carolyn Everson, Facebook's longtime head of global ad sales, has left the company, Axios has confirmed.

Why it matters: Everson led Facebook through years of record ad growth, but also through intense scrutiny around Facebook's role in promoting nefarious content.

Details: Nicola Mendelsohn, who currently runs the Europe, Middle East and Africa region of Facebook's Global Business Group, will be Everson's interim replacement.

  • "We wish Carolyn the best as she moves into a new chapter. We are grateful for her contributions,” a Facebook spokesperson said.
  • The Verge's Alex Heath first reported the news.

Be smart: Everson, who has been with the company for over a decade, was the person responsible for fielding most of the angst from interest groups that were boycotting ads last summer over hate speech.

  • Under her tenure as VP, Global Business Group, Facebook's revenue has grown from $3.7 billion in 2011 to nearly $86 billion in 2020.

What to watch: Last week, Axios reported that Facebook named Marne Levine, a longtime operations and policy executive at the company, to the newly created role of chief business officer.

Go deeper

Political ads: "Fake news" is out, "foreign policy' is in

Data: Bully Pulpit Interactive; Chart: Danielle Alberti/Axios

New data shows that since President Biden has taken office, topics such as “foreign policy," “climate” and “voting rights” have become a much bigger percentage of political and issue ad spending on Facebook, compared to the Trump era.

The big picture: Political ad spending can be a good proxy metric for the types of issues gaining traction amongst policymakers and interest groups.

4 hours ago - World

Canada First Nation finds mass grave at another school site

A memorial around the Centennial Flame on Parliament Hill in Ottawa, Ontario, Canada, on June 4, honoring 215 Indigenous children found buried in an unmarked, mass grave at a one-time residential school in Kamloops, British Columbia. Photo: David Kawai/Bloomberg via Getty Images

A First Nation in Canada said Wednesday "hundreds" of unmarked graves have been discovered at the site of a former residential school in the prairie province of Saskatchewan.

Of note: The Cowessess First Nation said in a statement the number of graves found are "the most significantly substantial to date in Canada" — suggesting it's more than the remains of 215 Indigenous children discovered last month at a former residential school site in Kamloops, British Columbia.

Biden replaces FHFA director after Supreme Court ruling

Mark Calabria, then-director of the Federal Housing Finance Agency, during a Senate hearing on Capitol Hill in 2020. Photo: Astrid Riecken/ Pool/Getty Images

The White House on Wednesday replaced the regulator who oversees mortgage giants Fannie Mae and Freddie Mac, hours after a Supreme Court ruling enabled President Biden to oust the Trump appointee.

Why it matters: The removal of libertarian economist Mark Calabria as Federal Housing Finance Agency (FHFA) director gives Biden more control over the fate of Freddie and Fannie, "which play an outsize role in the housing market and are central to many homeowners' ability to afford homes," per the New York Times.