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Meta Appoints CMO Alex Schultz as Chief Data Officer; Stock Jumps 11% on Wednesday

2026-07-01 17:33:12

According to Axios, Meta Platforms Inc. (META) appointed Chief Marketing Officer Alex Schultz as Chief Data Officer on Wednesday, while promoting Vice President of Consumer Marketing Denise Moreno to CMO. The stock surged more than 11% on Wednesday afternoon. As Chief Data Officer, Schultz will lead Meta's global AI analytics efforts while continuing to oversee infrastructure analytics. Moreno, who helped grow Threads to over 500 million users, will focus on driving product and app success.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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