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Instacart

Carolyn Everson, Facebook's former head of global ad sales, has joined Instacart as president, the company tells Axios.

Why it matters: She joins a growing list of former Facebook employees joining Instacart. Everson will report to the company's new CEO Fidji Simo, who was previously head of the Facebook app.

Details: In her new role, Everson will oversee a large portfolio of business functions, including Instacart’s retail, business development and advertising businesses, people, policy & government affairs, legal, partnerships, and its pickup and care teams.

  • Everson succeeds Instacart's current president Nilam Ganenthiran, who has been appointed to the newly formed senior leadership position of strategic adviser to the CEO.

The big picture: Everson left Facebook abruptly in June after the company named another longtime Facebook executive, Marne Levine, to the newly created role of chief business officer at Facebook.

  • As Axios has previously noted, Everson led Facebook through years of record ad growth, but also through intense scrutiny around Facebook's role in promoting nefarious content.

Be smart: It makes sense that Instacart would appoint someone with over 30 years of experience in marketing and customer relations as its president, given how much the company is investing in growing its ads business and retail partnerships.

What they're saying: “I’ve had the privilege of working with Carolyn for a decade and know just how lucky we are to have her leadership and talent at Instacart," said Simo.

  • "Carolyn’s an industry legend, best known for cultivating strong, trusted relationships that drive strategic value for partners. At Instacart, partnerships and relationships are at the heart of everything we do," she added.
  • "Instacart’s in a league of its own with a pioneering, sustainable business model that delivers more value and delight to customers, more growth and customer engagement to retailers and more sales and product discovery to brands, Everson said in a statement.

What's next: Everson starts officially on Sept. 7.

Go deeper: Facebook ad chief Carolyn Everson departs

Go deeper

Oct 11, 2021 - Technology

Facebook whistleblower to brief Facebook Oversight Board, U.K. parliament

Frances Haugen. Photo: Matt McClain-Pool/Getty Images

Facebook whistleblower Frances Haugen said Monday she will meet with the social media company's Oversight Board sometime in the coming weeks. The Oversight Board said in a statement it wants to "gather information that can help push for greater transparency and accountability."

Why it matters: Last week, Haugen urged lawmakers to regulate Facebook, saying it knows its algorithms can lead teens to pro-anorexia content and that it boosts extreme content more likely to elicit a reaction from users.

Mike Allen, author of AM
30 mins ago - Politics & Policy

GOP senator calls for senility test for aging leaders

Photo: "Axios on HBO"

Sen. Bill Cassidy (R-La.), a physician, told me during an "Axios on HBO" interview that he favors cognition tests for aging leaders of all three branches of government.

Why it matters: Wisdom comes with age. But science also shows that we lose something. And much of the world is now run by old people — including President Biden, 78 ... Speaker Pelosi, 81 ...  Senate Majority Leader Chuck Schumer, 70 ... and Senate Minority Leader Mitch McConnell, 79.

Ina Fried, author of Login
40 mins ago - Technology

Intel CEO blames predecessors for manufacturing woes

Axios on HBO

When it comes to Intel's recent manufacturing problems, Intel CEO Pat Gelsinger places the blame squarely on his predecessors — many of whom he notes were not engineers deeply steeped in chip technology, as he is.

Why it matters: Gelsinger has announced a broad plan to reinvigorate Intel by doubling down on manufacturing. However, the strategy depends on the venerable semiconductor giant recovering from recent stumbles.

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