Mehta will become executive chairman of Instacart and will remain “very engaged” in the day-to-day operations of the business. She’ll be replaced by another longtime Facebook product veteran, Tom Alison, who was Simo’s No. After starting at the social media giant working on advertising products for the News Feed, her public profile took off after she began running Facebook’s video products, which have been some of its highest-profile products in recent years. As one of Facebook’s most important product executives, Simo had also reached the top of Facebook’s product ladder. In addition to continuing to grow within grocery delivery into such categories as convenience store items, Simo said Instacart would also look to expand globally.

Source: Los Angeles Times July 08, 2021 17:26 UTC