WhatsApp boss Will Cathcart steps down, Kunal Shah named successor (opens original article in a new tab)
WhatsApp's CEO Will Cathcart steps down after seven years, with Kunal Shah named as his successor. Meta invests $900 million in Shah's fintech company Cred, acquiring a 20% stake without access to member data.
- Will Cathcart steps down as WhatsApp head after seven years, replaced by Kunal Shah
- Kunal Shah, founder of Cred, appointed as new WhatsApp leader
- Meta invests $900 million in Cred, gaining 20% stake but no access to member data
- Cathcart remains in Meta's leadership structure after stepping down
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