Photo: Meta Longtime Meta executive Marne Levine will exit the company later this year, she told Axios, ending her 13-year tenure with the company. Why it matters : Levine currently oversees all advertising and business partnerships for Meta. Two longtime Meta executives, Nicola Mendelsohn and Justin Osofsky, will take over her responsibilities. Catch up quick : Levine joined Meta, then Facebook, in 2010 as the company’s first ever vice president of global policy. She came to Meta from the Obama Administration and is a longtime confidant of former Meta chief operating officer Sheryl Sandberg. Levine is credited with helping develop Meta’s strategy and positioning around key policy issues, such as data privacy, security, and content moderation. When she joined, the company had only five global policy employees, compared to hundreds today. She also served as the chief operating officer of Instagram for several years, helping to grow the app’s advertising business globally. Under her leadership, Instagram grew to over 1 billion monthly active users. Levine was named chief business officer in 2021, replacing the company’s outgoing chief revenue officer David Fischer. In that role, she oversaw a newly combined business unit that includes all of Facebook’s advertising businesses and […]