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Policy & Regulation2 min read

Meta policy chief Joel Kaplan reportedly will leave in 2027

Meta Platforms Inc. chief global affairs officer Joel Kaplan is expected to depart in 2027 after more than a decade advising CEO Mark Zuckerberg, according to Axios. Kaplan will stay through the November midterm elections to help transition duties to President and Vice Chairman Dina Powell McCormick and chief legal officer C.J. Mahoney, while other executives such as Brian Rice and Tucker Bounds…

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Key points

  • Joel Kaplan will leave Meta in 2027 after more than a decade, staying through the November midterm elections
  • Meta added external affairs to Dina Powell McCormick’s role and policy duties to C.J. Mahoney
  • Meta forecast 2026 capital expenditures of $130 billion to $145 billion as it expands AI investments

The leadership shift comes as Meta pushes its artificial‑intelligence agenda. On October 12 the company unveiled Muse Wonder and Muse Wonder Full, billed as its most capable AI models for personal and professional tasks. Meta forecasts 2026 capital expenditures of $130 billion to $145 billion as it expands AI and data‑center investments. In the second quarter revenue rose 28% year over year to $60.80 billion, though operating margin fell to 31% from 43% a year earlier. The stock was trading nearly 2% lower at the time of writing, while retail sentiment remained bearish.

Model pages: Muse Wonder → · Muse Wonder Full →

Full story from stocktwits.com · by Harshita Tyagi · via Search: MetaOpen source ↗

Meta Policy Chief Joel Kaplan Reportedly To Leave In 2027 — Leadership Transition Comes Amid Zuckerberg's AI Push

stocktwits.com · 20 October 2026

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This text was published by stocktwits.com and written by Harshita Tyagi. It is reproduced here with attribution so you can read it in full; the rights remain with the publisher. Read it at the source ↗

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