Facebook Inc's Instagram announced that long-term insider Adam Mosseri will take over as the new head of the photo-sharing app, a week after its co-founders resigned.
Mosseri, who joined Facebook in 2008, was most recently Instagram's vice president of product. He had previously overseen Facebook's news feed and spent a decade working closely with Facebook's Chief Executive Officer Mark Zuckerberg.
In a blog post, the company said Mosseri will oversee all functions of the business and will recruit a new executive team.
Their departure from Instagram, Facebook's fastest-growing revenue generator, followed the exit of Jan Koum, co-founder of Facebook-owned messaging app WhatsApp.
Last week, Systrom and Krieger said they planned to take time off and explore their "curiosity and creativity again".
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