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Ime Archibong Net Worth 2023

Mr. Archibong is a seasoned product and business development technology executive. He has served as the Head of New Product Experimentation at Facebook, Inc. since August 2019, where he leads an internal constituency of entrepreneurs testing new standalone experiences. Ime Archibong is Head of New Product Experimentation at Facebook where he leads an internal group of entrepreneurs building and testing new mobile applications and product experiences. In the last ten years we have been laying down the foundation and infrastructure to build up. Ime Archibong is a Vice President and Head of Product at Meta, overseeing teams responsible for building messaging experiences across Meta, including Messenger and Instagram Direct. Previously, Archibong led a product R&D organization as the Head of New Product Experimentation (NPE) at Meta, focusing on building new product bets.

  • In total, NPE apps have been downloaded 37,250 times, according to Sensor Tower.
  • Contact an All American Speakers Bureau booking agent for more information on Ime Archibong speaking fees, availability, speech topics and cost to hire for your next live or virtual event.
  • Later in the game, Archibong got his revenge, sprinting down the court with the ball and dunking over Maiyegun’s outstretched arms.
  • Despite Facebook’s many efforts to diversify, the company still counts on advertising for about 98% of its more than $70 billion in annual revenue, predominantly from its main app and Instagram.

The most active insiders traders include Groep Nv Ing, Richard D Fairbank, and Mayo A Iii Shattuck. On average, Capital One executives and independent directors trade stock every 6 days with the average trade being worth of $7,637,561. The most recent stock trade was executed by Richard D Fairbank on 14 August 2023, trading 3,891 units of COF stock currently worth $276,105. He is a listed inventor on more than a dozen technical patents, and serves on the boards of many nonprofits focused on empowering etoro underserved youth, students and entrepreneurs. Mr. Archibong holds a Master of Business Administration from Stanford University Graduate School of Business and a Bachelor of Science in Computer Science and Electrical Engineering from Yale University. He’s also among the highest-ranking Black executives at the company, and the unofficial leader of the Black employee base at a time when racial tension internally and across the company’s advertiser universe has reached a boiling point.

Ime Archibong

Archibong was charged with leading the audit to determine who had accessed problematic data and making sure developers couldn’t still exploit the platform, two former Facebook executives said. His original focus at Facebook was on the business side, working on product partnerships under Chief Operating Officer Sheryl Sandberg and Dan Rose, who was vice president of partnerships before leaving in 2018. Archibong, Facebook’s lone Black vice president in charge of a product division, spoke up in June as Black Lives Matter protests captured the nation’s attention. On Facebook’s internal social network, he wrote about his experience as a Black man in America, according to an employee, who asked not to be named because he wasn’t authorized to speak about it publicly. At Facebook, Archibong is exploring ways to bridge the gap between product development and activism. Former employees told CNBC that Black workers are frequently the most qualified people on their teams and have the most advanced degrees, but they still often don’t get the promotions they deserve.

Williams’ earlier experience extends across industries, including three years with CIBA Vision Corporation focused on global marketing, seven years with Kraft Foods Inc. in brand management, and five years in the U.S. In this role, he leads the global vision, strategy and growth of its multi-billion dollar portfolio. Archibong, like leaders of those efforts, has to contend with an inherent challenge familiar to large incumbent tech companies.

In developing new apps, Facebook is competing with start-ups that are hungry and focused and have to win with a single product to stay in existence. If a team inside Facebook fails at a project, the members are simply reassigned within the company, a former employee said. Archibong was named head of Facebook’s New Product Experimentation (NPE) division, when the unit was launched a year ago. Last month, Archibong shifted some of his NPE employees to work on products around racial justice as part of a broader initiative announced by Zuckerberg. That involves developing new apps that resonate with consumers while simultaneously turning Facebook into a platform that uses its scale to help pursue equality and fight social injustice. Ime holds a Bachelor’s of Science degree in Electrical Engineering and Computer Science from Yale University and a MBA from the Stanford Graduate School of Business.

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In The Chan Zuckerberg Initiative led a $24 million Series B round of funding into Andela., a New York-based startup that trains software developers in Lagos, Nigeria and Nairobi, Kenya and other African cities. Archibong and his team have worked on everything from the world forex broker Facebook Messenger app to a relatively new initiative called Internet.org, which aims to connect the world to the internet. In the coming years, Meta will inevitably focus on what the metaverse will look like and the VR and AR hardware needed to bring it to fruition.

“App developers remain a vital part of the Facebook ecosystem,” Archibong wrote. “They help to make our world more social and more engaging. But people need to know we’re protecting their privacy. And across the board, we’re making progress.” Archibong oversaw growth of Facebook’s community of developers, getting them to adopt key features like social plugins — the share and like buttons — and the Facebook Login. Archibong, who’s 6 feet 3 inches tall, played guard on Yale’s basketball team from 1999 to 2003, and is known around the Facebook campus for his exercise regimen and athletic skills. Williams said Archibong has the rare ability to both build technology and create things of value. The team has launched several products, including Tuned, an app for couples; Hobbi, which helps users track progress on personal projects; CatchUp, a voice-calling service; and Bump, an app for anonymous conversations with other users.

Later in the game, Archibong got his revenge, sprinting down the court with the ball and dunking over Maiyegun’s outstretched arms. “A selfish silver lining of this pandemic has been the lack of anxiety I’ve felt running alone,” wrote Archibong. “In my head, now most people quickly shuffled to avoid me out of fear of a hidden virus, not my blackness. That was all snatched away this week as Ahmaud Arbery’s story and video surfaced. It hurts.” Please be advised that LiteSpeed Technologies Inc. is not a web hosting company and, as such, has no control over content found on this site. In 2017 Ime Achibong accompanied Mark Zuckerberg  on a visit to Africa where the Facebook founder met presidents, tech entrepreneurs and young coders in Nigeria and Kenya.

Ime started his career at IBM as a software engineer working in the Systems and Technology Group before transitioning to the IBM Corporate Strategy team, and eventually settling in business development. Archibong holds a degree in Computer Science and Electrical Engineering from Yale University, where he captained the men’s basketball team. Archibong received his MBA from the Stanford Graduate School of Business, where he served as the class president. Archibong is a listed inventor on more than a dozen technical patents and serves as a Capital One corporate board director, in addition to a few nonprofits focused on underserved youth, education, and entrepreneurship. “When I first met Ime, his optimism and sense of possibility jumped off the screen,” said Richard D. Fairbank, Chairman and CEO of Capital One.

“Ime can see how something can be successful technically but have business shortcomings, and he can see how something might be a business success but a technical failure,” Williams said. “A selfish silver lining of this pandemic has been the lack of anxiety I’ve felt running alone,” wrote Archibong. “In my head, now most people quickly shuffled to avoid me out of fear of a vintage fx hidden virus, not my blackness. That was all snatched away this week as Ahmaud Arbery’s story and video surfaced. It hurts.” Call us to speak with a booking agent to discuss your event or specific speaker request. Click here to see the complete history of Ime Archibong’s form 4 insider trades. Get this delivered to your inbox, and more info about our products and services.

Ime Archibong net worth Oct, 2023

A lab for hardware products called Building 8 produced the Portal video-calling device, but it was then integrated into Facebook’s AR/VR division in 2018. CNBC spoke with more than a dozen current and former Facebook employees and business partners, who have worked with Archibong, about his dual roles at the company and his relationship with Zuckerberg. He started his career at IBM as a software engineer in the Systems and Technology Group, before doing a stint on the corporate strategy team, and eventually settling in business development.

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Archibong’s colleagues say he talks often of Facebook’s role in bringing people together. A few years ago, in a San Francisco recreational basketball league game, Archibong was guarded by Akintunde Ismail Maiyegun, a fellow tech executive. Maiyegun said he blocked one forex simulator of Archibong’s shots, leading to some trash talk. Later in the game, Archibong got his revenge, sprinting down the court with the ball and dunking over Maiyegun’s outstretched arms.

Former employees told CNBC that Black workers are frequently the most qualified people on their teams and have the most advanced degrees, but they still often don’t get the promotions they deserve. One former Black employee said he left after repeatedly getting passed over for advancement. Facebook’s previous efforts to create skunkworks groups have been unsuccessful.

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Archibong’s colleagues say he talks often of Facebook’s role in bringing people together. Many people ask this question about the money Ime Archibong makes from Facebook. Many people ask this question about the money Ime Archibong makes from Twitter.

Facebook’s existing apps include its original “big blue app” as well as Messenger. It also wraps in Instagram, WhatsApp and Oculus, which were all acquired between 2012 and 2014. Despite Facebook’s many efforts to diversify, the company still counts on advertising for about 98% of its more than $70 billion in annual revenue, predominantly from its main app and Instagram. After the killing of George Floyd in late May by a police officer in Minneapolis and the subsequent nationwide protests for racial justice, tech’s perpetual diversity problem resurfaced as a hot topic in Silicon Valley. While Archibong, 38, has been a critical player at Facebook since joining the company in 2010, his position today is more central than ever.

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