Meta names Alex Schultz first chief data officer

Meta has appointed Alex Schultz as its first chief data officer to oversee AI analytics and decision-making, while promoting Denise Moreno to chief marketing officer. These leadership changes coincide with the company's massive investment in AI infrastructure and potential expansion into cloud computing services.
Why it matters
The move underscores Meta's strategic pivot toward AI-centric operations and its massive capital expenditure to remain competitive in the global technology landscape.
Meta said on Wednesday its chief marketing officer Alex Schultz will become the company’s first chief data officer, to better manage AI analytics globally.
The report is a straightforward business news update based on corporate announcements and market reporting.
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