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The co-founders of Instagram are resigning their positions with the social media company without explanation.
Chief Executive Kevin Systrom said in a statement late Monday that he and Mike Krieger, Instagram's chief technical officer, plan to leave the company in the next few weeks and take time off "to explore our curiosity and creativity again."
"Building new things requires that we step back, understand what inspires us and match that with what the world needs; that's what we plan to do," Systrom said. "We remain excited for the future of Instagram and Facebook in the coming years as we transition from leaders to two users in a billion."
No explanation was given for their sudden departure from the photo-sharing network they founded in 2010.
Facebook CEO Mark Zuckerberg called Systrom and Krieger "extraordinary product leaders" and said he was looking forward "to seeing what they build next."
The departures are a challenge for Facebook. Instagram has been a bright spot for the company not just because it's seen as a more uplifting place than Facebook itself, but because it is popular with teens and young people — a group Facebook has had trouble keeping around.
Though Systrom, in the early days of Instagram ads, famously checked each one personally to ensure it aligned with the app's aesthetics, he was not as loudly anti-ads as the founder of another popular Facebook-acquired mobile app, WhatsApp.
WhatsApp's CEO Jan Koum resigned in April.
Koum had signaled years earlier that he would take a stand against Facebook if the company's push to increase profits demanded radical changes in the way WhatsApp operates. In a blog post written when Facebook announced the biggest acquisition in its history, Koum wrote that the deal wouldn't have happened if WhatsApp "had to compromise on the core principles that will always define our company, our vision and our product."
(This story has been published in arrangement with Associated Press)
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Published: 25 Sep 2018,11:29 AM IST