PayPal President David Marcus joins Facebook to improve mobile messaging
He will work to improve the Facebook Messenger app, but a Facebook spokesperson confirmed that WhatsApp will continue to run independently. After the acquisition of his company, Zong, Marcus joined PayPal in 2011 as Vice President of Mobile, leading the company’s mobile payments business. He was promoted to President last year.
Facebook welcomed Marcus in a Newsroom blog post, explaining his role with the social network:
Messaging is a core part of Facebook’s service and key to achieving our mission of making the world more open and connected. Every day around 12 billion messages are sent on Facebook, and in April we announced that Messenger, our standalone messaging app, is now used by more than 200 million people every month. We’re excited by the potential to continue developing great new messaging experiences that better serve the Facebook community and reach even more people, and David will be leading these efforts.
Marcus explained his decision in a Facebook post:
While I was in the middle of my thought process about what was next for me, Mark Zuckerberg and I got together. Mark shared a compelling vision about Mobile Messaging. At first, I didn’t know whether another big company gig was a good thing for me, but Mark’s enthusiasm, and the unparalleled reach and consumer engagement of the Facebook platform ultimately won me over. So… yes. I’m excited to go to Facebook to lead Messaging Products. And I’m looking forward to getting my hands dirty again attempting to build something new and meaningful at scale.
PayPals, you will always be in my heart. Know that I’ll be a proud witness of your wins, and successes.
Image courtesy of Facebook.