Longtime Facebook executive Adam Mosseri named Instagram CEO

NEW YORK (AP) — Facebook is naming Adam Mosseri, a 10-year veteran at the company, as the CEO of Instagram.
The appointment comes after the photo-sharing app’s co-founders resigned last week without giving a clear reason. Kevin Systrom, Instagram’s CEO, and Mike Krieger, its other co-founder, announced Mosseri’s appointment Monday on the company blog.
Mosseri was named as Instagram’s head of product in May. He began as a designer at Facebook and most recently led it