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Facebook's longtime chief technology officer stepping down

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Facebook Chief Technology Officer Mike Schroepfer announced he would step down from the role next year.

A 13-year veteran of the social media company, Schroepfer will be succeeded by Andrew Bosworth, another longtime executive who currently leads Facebook's artificial and virtual reality division.

"This change in role will allow me to dedicate more time to my family and my personal philanthropic efforts while staying deeply connected to the company working on key initiatives including recruiting and developing technical talent," Schroepfer said.

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