Ime Archibong Net Worth 2023

ime archibong net worth

He helped create the Black@ employee resource group in 2012 and four years later the Black Community Summit, an annual event for Black employees that typically includes a talk from either Zuckerberg or Sandberg. The summit was originally held on a single day but now spans two days. Ime Archibong is Head of New Product Experimentation at Meta, where he leads a portfolio of diverse entrepreneurial teams focused on rapid experimentation of products that enable underserved needs around the world. Capital One also announced today that, after 16 years dogs of the dow 2023 of service on the company’s board, Pierre Leroy is retiring from the Board effective as of the date of the 2021 Annual Meeting, in accordance with the company’s retirement policy. Capital One is deeply grateful for the leadership and perspective that Mr. Leroy has provided to the Board and the company’s executive management team. 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.

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 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. In total, NPE apps have been downloaded 37,250 times, according to Sensor Tower.

Financial Services & Investing Overview

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. While Archibong, 38, has been a critical player at Facebook since joining the company in 2010, his position today is more central than ever. He’s the company’s head of new product experimentation, responsible for helping Facebook find its next big hit.

One of the things that we talk about is this initiative called Internet.org, which is quest to help bring data and basic services and utilities to the other 5 billion people on this planet who don’t have access to the internet. Those are people that want to be connected to this social fabric that Facebook is laying down — but we have a long way to go I think, even with the basic infrastructure. Once you get that in place, the products and experiences that you can build on top of that — I always use the word delightful because I think it’s the best way to capture it. The Paper app that we’ve just launched and released for example hit the iTunes Store yesterday morning. A recent report claimed that Facebook has become less “cool” to the teen market as they shift to Instagram, Tumblr, and other social platforms.

Facebook’s reputation was already tainted from mounds of evidence that Russians used the site to spread disinformation ahead of democratic elections in the U.S. and other countries. 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. “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.

During the past 18 months, 446,559 shares of Capital One Financial Corp (COF) were sold and 31 shares were bought by its insiders, resulting in a net

sale

of 446,528 shares. Mr. Archibong 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. In March 2018, reports surfaced that political consulting firm Cambridge Analytica had improperly accessed the data of 87 million Facebook users, and used that information to target ads for Donald Trump during the 2016 U.S. presidential election.

My Services

Ebong holds an appointment as an assistant professor of neurology and clinical neurophysiology in the UK College of Medicine. She is an adviser to the College of Medicine’s pipeline program, which develops programs to recruit underrepresented minority high school and college students to UK’s medical school. Archibong, the son of Nigerian immigrants, was part of the team that set the foundation for Internet.org, a Facebook initiative to get people online in emerging markets like Africa. In 2016, he lobbied Zuckerberg to visit the continent to check out the tech landscape. 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.

ime archibong net worth

Williams earned his MBA from Northwestern University and a Bachelor of Science in Physics from Benedict College. He earned a Bachelor of Science in Computer Science and Electrical Engineering from Yale University and an MBA from the Stanford Graduate School of Business. Over the last 16 years, insiders at Capital One have traded over $3,470,066,023 worth of Capital One stock and bought 74,599 units worth $3,656,626

. 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.

For nearly a decade, Zuckerberg has turned to Archibong any time he’s come up with ideas for special projects at Facebook. Archibong is also Zuckerberg’s point person in dealing with third-party developers. Get this delivered to your inbox, and more info about our products and services. “I have this notion that people create special things when they’re able to connect with each other and understand each other,” Archibong told CNBC in 2016. But getting into Zuckerberg’s inner circle at Facebook requires sharing his worldview, and Archibong is a big believer in the company’s ability to connect people.

Has branches located primarily in New York, Louisiana, Texas, Maryland, Virginia, New Jersey and the District of Columbia. A Fortune 500 company, Capital One trades on the New York Stock Exchange under the symbol “COF” and is included in the S&P 100 index. 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. “For my parents, the pragmatic outcome that they see from education is, “Oh, you need to go be a doctor or go be a lawyer.” We couldn’t see what the pragmatic outcome was of going and getting a computer science degree. And it’s not that the stories weren’t being told, but the stories weren’t being told with people that looked like me and resonated with me,” Mr. Archibong told the Fast Company.

You’re no longer stapling flyers to the wall outside in NYC trying to get people to come to your show. You can blast [all of] New York City from the age of who love hip-hop music and have liked Rihanna. “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.

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. Previously, Archibong was Vice President of Product Partnerships at Facebook where, for nearly a decade, he built and scaled the global team that manages strategic partnerships with consumer technology companies, platform developers, community leaders, and nonprofits. Still building killer products that are going to light up the world. In the last ten years we have been laying down the foundation and infrastructure to build up.

He holds a Bachelor’s of Science degree in Electrical Engineering and Computer Science from Yale University, where he was Captain of the Varsity Basketball team, and also received an MBA from the Stanford Graduate School of Business, where he served as class president. He is a listed inventor on more than a dozen technical patents, and serves on the boards of many nonprofits focused on empowering 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.

A Look at the Future of Socially Responsible Investing with Rachel Robasciotti of Adasina

His team is focused on accelerating Facebook’s product strategy and unlocking new business opportunities through partnerships and product integrations. Mr. Archibong is the highest-ranking black person within Facebook. 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. About Capital One Capital One Financial Corporation () is a financial holding company whose subsidiaries, which include Capital One, N.A., and Capital One Bank (USA), N.A., had $305.4 billion in deposits and $421.6 billion in total assets as of December 31, 2020. Headquartered in McLean, Virginia, Capital One offers a broad spectrum of financial products and services to consumers, small businesses and commercial clients through a variety of channels.

  • Capital One Financial Corp (COF)’s detailed insider trading history can be found in Insider Trading Tracker table.
  • For nearly a decade, Zuckerberg has turned to Archibong any time he’s come up with ideas for special projects at Facebook.
  • In the last ten years we have been laying down the foundation and infrastructure to build up.
  • FINTECH.TV’s global advertising platform is designed to effectively target blockchain, SDG, SPAC, sustainability, technology and impact professionals with our global OTT, web and social media platforms.
  • The way we see the value exchange happening right now is somewhat obvious to us, and it’s substantial too.

“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.

Instagram, which you said a lot of people are going to, is owned by Facbook. More often than not, teens are arbiters for what’s coming in the future. But we have never gone and built products specifically for different segments. Mark has always wanted to build a beautiful product, to increase sharing and give people the tools to share and talk about those stories with their friends.

View All Consumer Products & Retail

As a member of the American Academy of Neurology (AAN), Ebong was selected to participate in the AAN’s Diversity Leadership Program in 2019. The program aims to identify, mentor and engage AAN members from underrepresented minority groups for leadership development. Ebong has been actively involved in healthcare diversity efforts for many years. When she was a medical student, Ebong founded University of Kentucky Minority Education Development (UKMED), an annual program designed to recruit premedical students from underrepresented populations to the UK College of Medicine.

He became a staple at F8, Facebook’s annual developer conference. Williams said Archibong has the rare ability to both build technology and create things of value. Facebook said it set up NPE as its own division because, “unlike Facebook’s family of apps, NPE Team apps will change very rapidly and will be shut down if we learn that they’re not useful to people.” The website also says, “We expect many failures.”

According to the company’s own diversity report from 2019, only 1.5% of technical roles and 3.1% of senior leadership positions are held by Black employees. In June, amid the Black Lives Matter protests, Facebook promised to increase the representation of people of color in leadership positions by 30% over the next five years. Facebook also committed $200 million toward Black-owned businesses https://bigbostrade.com/ and organizations. Following the Cambridge Analytica revelations, Zuckerberg vowed the company would investigate other apps that had access to similar information and audit any with suspicious activity. 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.

Many people ask about the amount of money Ime Archibong makes from Instagram. Normally the ad cost for an Instagram ad post is based on the number of followers on the account. We offer customized marketing opportunities designed to effectively reach FinTech professionals as well as armchair enthusiasts and investors. Our highly targeted audience allows our client partners to advertise with less waste and more impact. Capital One Financial Corp (COF)’s detailed insider trading history can be found in Insider Trading Tracker table. In summary, during the past 3 months, insiders sold 79,095 shares of Capital One Financial Corp (COF) in total and bought 0 shares, with a net

sale

of 79,095 shares.

View All Financial Services & Investing

Facebook’s previous efforts to create skunkworks groups have been unsuccessful. The company had a Creative Labs division, which was shut down in 2015. 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.

The group’s task, according to NPE’s website, is to build “new apps focused on giving people entirely new experiences for building community.” “Craig’s great judgment has been honed by more than three decades of global experience in setting visions, building brands, and driving stellar results at some of the world’s most admired companies,” added Fairbank. Ime Archibong is the Head of New Product Experimentation (since Aug. 2019) and VP Product Partnerships (since Nov. 2010), for Facebook.

Archibong came to Facebook from IBM, where he worked in both technical and business roles. He studied computer science and electrical engineering at Yale, and later earned his master’s in business administration from Stanford. 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. A month earlier, he addressed the killing in Georgia of Ahmaud Arbery, who was followed by a group of white men and gunned down while on a jog. FINTECH.TV’s global advertising platform is designed to effectively target blockchain, SDG, SPAC, sustainability, technology and impact professionals with our global OTT, web and social media platforms.

These people are getting tremendous insights into their fan base. I don’t know if you have played around with an artist’s dashboard or a page’s dashboard. Seeing how many people are connected to you, where are they from, male or female, age group — there are tremendous insights you finally have on your fans directly, one-on-one.

Ime Archibong Net Worth 2023

Leave a Reply

Your email address will not be published.

Scroll to top