Microsoft’s LinkedIn makes executive Dan Shapero its new CEO
FILE PHOTO: Dan Shapero, LinkedIn’s new CEO and then head of sales for LinkedIn’s Talent Solutions unit, poses for a photo at LinkedIn headquarters in Mountain View, California, on June 27, 2013.
Randi Lynn Beach | Washington Post | Getty Images
Microsoft LinkedIn has named Dan Shapero as the new CEO of its division, replacing Ryan Roslansky, who had led the subsidiary since 2020 and took on additional responsibility for Microsoft’s Office productivity group last year. The change takes effect immediately.
“Dan led sales, marketing and product across the most important parts of this business,” Roslansky wrote. LinkedIn post We announced the change on Wednesday. “He knows our members, he knows our customers, and he carries the mission in a way that is truly rare.”
Roslansky, who came to LinkedIn from Glam Media in 2009 and took over the group from Jeff Weiner six years ago, will continue as vice president at Microsoft. In six years, the number of members increased from 700 million to 1.3 billion.
LinkedIn’s revenue rose 11% year over year in the fourth quarter as the business social network added new members and tried to make more money from each one. Growth has slowed since Microsoft bought the company for $27 billion in 2016. social network operator Meta It is 10 times larger than LinkedIn in terms of revenue and grew nearly 24% in the fourth quarter.
While Microsoft is busy adding AI features to its Office products and LinkedIn, it is also spending heavily on data center infrastructure to provide AI computing power to its cloud clients.
“The power of economic opportunity and the promise of LinkedIn have never been more important than today, as the world is being transformed by artificial intelligence and professionals everywhere are being forced to transition with it,” said Shapero, who joined LinkedIn as a managing director in 2008 after running consulting projects at Bain & Co. LinkedIn post.
The renewal comes weeks after Microsoft’s top Office leader, Rajesh Jha, announced plans to retire. Jha said he is working with Microsoft CEO Satya Nadella on succession and feels good about the future with Roslansky and other executives in the Office group reporting to Nadella.
This is breaking news. Please refresh for updates.
