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Facebook names new Instagram leader

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Facebook named a new leader of Instagram a week after the company's co-founders resigned.

Adam Mosseri, Instagram’s current vice president of product, was tapped to succeed Kevin Systrom and Mike Krieger, who quit six years after selling their company to Facebook for $1 billion.

Prior to his current position, Mosseri ran Facebook’s News Feed for years.

Read more from Recode.

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