Meta names new CDO, CMO

Meta Platforms announced significant leadership changes, appointing Alex Schultz as its first Chief Data Officer and promoting Denise Moreno Ducheny to Chief Marketing Officer. Alex Schultz, a 17-year veteran, will focus on transforming how Meta Platforms manages AI analytics globally, including overseeing user research, competitive intelligence, and reporting insights to the board. Denise Moreno Ducheny, who previously led in-product promotions and helped grow Threads to over 500 million users, will now be responsible for the success of Meta Platforms's products and apps. Both executives will report to Javier Oliván, Meta Platforms's COO, and Denise Moreno Ducheny will join Mark Zuckerberg's leadership team. These changes underscore Meta Platforms's commitment to deepening its focus on data and AI integration, which was positively received by the market, with Meta Platforms's shares rising 10% on the day of the announcement.