Gokul Rajaram is abandoning his senior post at the social network to help the buzzy mobile payments startup perfect its software for businesses. June 27, 2013 11:15 AM PDT Gokul Rajaram speaks onstage at the TechCrunch Disrupt NY 2013 at The Manhattan Center on April 30, 2013 in New York City. (Credit: Brian Ach/Getty Images for TechCrunch) After three years guiding the social network's ad strategy, Facebook Product Director of Ads Gokul Rajaram is jumping ship. Buzzy mobile payment company Square said Thursday that that it has hired the social-networking executive to lead its product engineering efforts and oversee software development for Square Register, its point-of-sale system for businesses. Rajaram joined Facebook when his startup Chai Labs was acquired by the company in August 2010. Since then, he has served as an instrumental moneymaker for Facebook, guiding the social network through a number of significant advertising initiatives such as Facebook Exchange and mobile ad releases that have helped the company better monetize the attention of its 1.11 billion users. Facebook's loss is Square's gain. The former Facebook executive knows a thing or two about making money on a grand scale having spent more than a decade in advertising and previously mananging Google AdSense. Related posts Facebook makes a play for more mobile ads with instant setup Facebook building official app for Windows 8 The White House joins Instagram "I've been fortunate to work for two mission-driven, world-changing companies, and Square's vision and passion for helping businesses grow is inspiring," Rajaram said in a statement. "I'm thrilled to join the team and help build amazing products that drive economic growth and empower local businesses around the world." Rajaram's decision to leave Facebook closely follows the exit of several other notable executives. General counsel Ted Ullyot is currently on his way out the door, and Paul Adams, Facebook's global head of brand design, left at the end of May. Earlier this year, the company has lost high profile leaders like product director Blake Ross, accounting chief David Spillane, and engineering director Josh Wiseman.
Gokul Rajaram is abandoning his senior post at the social network to help the buzzy mobile payments startup perfect its software for businesses.
Gokul Rajaram speaks onstage at the TechCrunch Disrupt NY 2013 at The Manhattan Center on April 30, 2013 in New York City.
(Credit: Brian Ach/Getty Images for TechCrunch)
After three years guiding the social network's ad strategy, Facebook Product Director of Ads Gokul Rajaram is jumping ship.
Buzzy mobile payment company Square said Thursday that that it has hired the social-networking executive to lead its product engineering efforts and oversee software development for Square Register, its point-of-sale system for businesses.
Rajaram joined Facebook when his startup Chai Labs was acquired by the company in August 2010. Since then, he has served as an instrumental moneymaker for Facebook, guiding the social network through a number of significant advertising initiatives such as Facebook Exchange and mobile ad releases that have helped the company better monetize the attention of its 1.11 billion users.
Facebook's loss is Square's gain. The former Facebook executive knows a thing or two about making money on a grand scale having spent more than a decade in advertising and previously mananging Google AdSense.
Related posts
- Facebook makes a play for more mobile ads with instant setup
- Facebook building official app for Windows 8
- The White House joins Instagram
"I've been fortunate to work for two mission-driven, world-changing companies, and Square's vision and passion for helping businesses grow is inspiring," Rajaram said in a statement. "I'm thrilled to join the team and help build amazing products that drive economic growth and empower local businesses around the world."
Rajaram's decision to leave Facebook closely follows the exit of several other notable executives. General counsel Ted Ullyot is currently on his way out the door, and Paul Adams, Facebook's global head of brand design, left at the end of May. Earlier this year, the company has lost high profile leaders like product director Blake Ross, accounting chief David Spillane, and engineering director Josh Wiseman.
