Meta CTO Schroepfer steps down; becomes Senior Fellow starting March 14, 2022

Meta Platforms, Inc.

Effective March 14, 2022, Mike Schroepfer ceases to be CTO and becomes Senior Fellow.
New part-time role includes reduced base salary of $360,000 and 75% target bonus.
Schroepfer forfeits 232,186 Restricted Stock Units settling in Class A common stock.
Senior Fellow role focuses on technical talent recruitment and AI investments.

item 5.02

Executive movements

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Role change

Mike Schroepfer

Chief Technology Officer

META · Meta Platforms, Inc.

Effective: 2022-03-14
Filed: March 1, 2022, 6:59 PM ET

Mr. Schroepfer will no longer serve as the Company’s Chief Technology Officer and will become a Senior Fellow at the Company

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Mike Schroepfer resigned as Chief Technology Officer at Meta Platforms, Inc..

Action: resigned
Role: Chief Technology Officer

Exact text from the filing

Mr. Schroepfer will no longer serve as the Company’s Chief Technology Officer and will become a Senior Fellow at the Company

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Meta Platforms, Inc. filing history →

Source: SEC EDGAR

accession 0001326801-22-000034

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