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Facebook Inc's prominent PR exec Elliot Schrage to leave

Schrage orchestrated efforts to put out the publicity fire stemming from the Cambridge Analytica privacy scandal

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Schrage is staying on at Facebook to help find his successor

Elliot Schrage, a prominent Facebook Inc (NASDAQ:FB)executive who leads its public policy and communications team, is parting ways with the social media company after a decade, per an article in Recode.

Schrage orchestrated the controversial efforts to put out the publicity fire when it emerged that Cambridge Analytica took advantage of lax data protection procedures to reportedly harvest personal data of around 87mln Facebook users.

Schrage is reportedly staying on at Facebook for a while to help find his successor.  After that, he will work as an advisor to CEO Mark Zuckerberg and the company’s chief operating officer Sheryl Sandberg.

“After more than a decade at Facebook, I’ve decided it’s time to start a new chapter in my life,” Schrage told Recode. “Leading policy and communications for hyper growth technology companies is a joy – but it’s also intense and leaves little room for much else. Mark, Sheryl and I have been discussing this for a while.”

Facebook shares are up 2.5% in afternoon trade at US$197.12.

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Price: $177.75

Market: NASDAQ
Market Cap: $507.11 billion
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