He’s also among the highest-ranking Black executives at the company, and the unofficial leader of the Black employee base at a time when racial tension internally and across the company’s advertiser universe has reached a boiling point. What do you make of many at Midem claiming the tech companies are not remunerating artists? Someone on yesterday’s panel asked [about that] and I was like, “I thought we were taking about data… ” I said there’s an evolutional lifecycle for how these big companies will touch the industry. If you think about it, there’s people who have been coming to Midem longer than Facebook has been around. Ken Hertz [of Hertz, Lichtenstein & Young on stage] said he’s been coming to Midem for 25 years.
He holds a Bachelor’s of Science degree in Electrical Engineering and Computer Science from Yale University, where he was Captain of the Varsity Basketball team, and also received an MBA from the Stanford Graduate School of Business, where he served as class president. He is a listed inventor on more than a dozen technical patents, and serves on the boards of many nonprofits focused on empowering underserved youth, students and entrepreneurs. Mr. Archibong holds a Master of Business Administration from Stanford University Graduate School of Business and a Bachelor of Science in Computer Science and Electrical Engineering from Yale University.
Archibong came to Facebook from IBM, where he worked in both technical and business roles. He studied computer science and electrical engineering at Yale, and later earned his master’s in business administration from Stanford. Archibong, Facebook’s lone Black vice president in charge of a product division, spoke up in June as Black Lives Matter protests captured the nation’s attention. On Facebook’s internal social network, he wrote about his experience as a Black man in America, according to an employee, who asked not to be named because he wasn’t authorized to speak about it publicly. A month earlier, he addressed the killing in Georgia of Ahmaud Arbery, who was followed by a group of white men and gunned down while on a jog. FINTECH.TV’s global advertising platform is designed to effectively target blockchain, SDG, SPAC, sustainability, technology and impact professionals with our global OTT, web and social media platforms.
Ime holds a Bachelor’s of Science degree in Electrical Engineering and Computer Science from Yale University and a MBA from the Stanford Graduate School of Business. Previously, he was Meta’s Vice President of Product Partnerships, where he built the global team that manages strategic partnerships aligned with Meta’s mission. Craig Williams has more than 30 years of experience leading international consumer brands, business operations and strategy. He is a member of the senior executive team at Nike, where Williams serves as President of Jordan Brand.
What does Capital One Financial Corp do?
“When I first met Ime, his optimism and sense of possibility jumped off the screen,” said Richard D. Fairbank, Chairman and CEO of Capital One. Licensing of IBM’s global portfolio of storage research technology. Ime started his career at IBM as a software engineer working in the Systems and Technology Group before transitioning to the IBM Corporate Strategy team, and eventually settling in business development.
- Mark has always wanted to build a beautiful product, to increase sharing and give people the tools to share and talk about those stories with their friends.
- She is an adviser to the College of Medicine’s pipeline program, which develops programs to recruit underrepresented minority high school and college students to UK’s medical school.
- Ken Hertz [of Hertz, Lichtenstein & Young on stage] said he’s been coming to Midem for 25 years.
- “Craig’s great judgment has been honed by more than three decades of global experience in setting visions, building brands, and driving stellar results at some of the world’s most admired companies,” added Fairbank.
Facebook’s reputation was already tainted from mounds of evidence that Russians used the site to spread disinformation ahead of democratic elections in the U.S. and other countries. Archibong, who’s 6 feet 3 inches tall, played guard on Yale’s basketball team from 1999 to 2003, and is known around the Facebook campus for his exercise regimen and athletic skills. “Ime can see how something can be successful technically but have business shortcomings, and he can see how something might be a business success but a technical failure,” Williams said.
Last month, Archibong shifted some of his NPE employees to work on products around racial justice as part of a broader initiative announced by Zuckerberg. Archibong posted screenshots on Facebook in mid-June of one of the submissions, which he described as a “new space we built to elevate Black Voices and Stories.” At Facebook, Archibong is exploring ways to bridge the gap between product development and activism. That involves developing new apps that resonate with consumers while simultaneously turning Facebook into a platform that uses its scale to help pursue equality and fight social injustice. Archibong has spent years pushing for diversity and inclusion at the company.
Board and Advisor Roles
You’re no longer stapling flyers to the wall outside in NYC trying to get people to come to your show. You can blast [all of] New York City from the age of who love hip-hop music and have liked Rihanna. “App developers remain a vital part of the Facebook ecosystem,” Archibong wrote. “They help to make our world more social and more engaging. But people need to know we’re protecting their privacy. And across the board, we’re making progress.” Archibong oversaw growth of Facebook’s community of developers, getting them to adopt key features like social plugins — the share and like buttons — and the Facebook Login.
Williams earned his MBA from Northwestern University and a Bachelor of Science in Physics from Benedict College. He earned a Bachelor of Science in Computer Science and Electrical Engineering from Yale University and an MBA from the Stanford Graduate School of Business. Over the last 16 years, insiders at Capital One have traded over $3,470,066,023 worth of Capital One stock and bought 74,599 units worth $3,656,626
. The most active insiders traders include Groep Nv Ing, Richard D Fairbank, and Mayo A Iii Shattuck. On average, Capital One executives and independent directors trade stock every 6 days with the average trade being worth of $7,637,561. The most recent stock trade was executed by Richard D Fairbank on 14 August 2023, trading 3,891 units of COF stock currently worth $276,105.
He became a staple at F8, Facebook’s annual developer conference. Williams said Archibong has the rare ability to both build technology and create things of value. Facebook said it set up NPE as its own division because, “unlike Facebook’s family of apps, NPE Team apps will change very rapidly and will be shut down if we learn that they’re not useful to people.” The website also says, “We expect many failures.”
Facebook’s previous efforts to create skunkworks groups have been unsuccessful. The company had a Creative Labs division, which was shut down in 2015. A lab for hardware products called Building 8 produced the Portal video-calling device, but it was then integrated into Facebook’s AR/VR division in 2018. CNBC spoke with more than a dozen current and former Facebook employees and business partners, who have worked with Archibong, about his dual roles at the company and his relationship with Zuckerberg.
These people are getting tremendous insights into their fan base. I don’t know if you have played around with an artist’s dashboard or a page’s dashboard. Seeing how many people are connected to you, where are they from, male or female, age group — there are tremendous insights you finally have on your fans directly, one-on-one.
Facebook’s existing apps include its original “big blue app” as well as Messenger. It also wraps in Instagram, WhatsApp and Oculus, which were all acquired between 2012 and 2014. Despite Facebook’s many efforts to diversify, the company still counts on advertising for about 98% of its more than $70 billion in annual https://bigbostrade.com/ revenue, predominantly from its main app and Instagram. While Archibong, 38, has been a critical player at Facebook since joining the company in 2010, his position today is more central than ever. He’s the company’s head of new product experimentation, responsible for helping Facebook find its next big hit.
Consumer Technology Overview
“A selfish silver lining of this pandemic has been the lack of anxiety I’ve felt running alone,” wrote Archibong. “In my head, now most people quickly shuffled to avoid me out of fear of a hidden virus, not my blackness. That was all snatched away this week as Ahmaud Arbery’s story and video surfaced. It hurts.” Please be advised that LiteSpeed Technologies Inc. is not a web hosting company and, as such, has no control over content found on this site.
UKMED is still an active program of the university since its founding in 2010. After working for the Bahamas Ministry of Health, she decided to become a physician and earned her medical degree from the UK College of Medicine. She then completed her residency in neurology and a fellowship in clinical neurophysiology at Jackson Memorial Hospital in Miami. Former employees told CNBC that Black workers are frequently the most qualified people on their teams and have the most advanced degrees, but they still often don’t get the promotions they deserve. One former Black employee said he left after repeatedly getting passed over for advancement.
Mr. Archibong is a seasoned product and business development technology executive. He has served as the Head of New Product Experimentation at Facebook, Inc. since August 2019, where he leads an internal constituency of entrepreneurs testing new standalone experiences. Ime Archibong is Head of New Product Experimentation at Facebook where he leads an internal group of entrepreneurs building and testing new mobile applications and product experiences. Previously, Archibong was Vice President of Product Partnerships at Facebook where, for nearly a decade, he built and scaled the global team that manages strategic partnerships with consumer technology companies, platform developers, community leaders, and nonprofits. Still building killer products that are going to light up the world. In the last ten years we have been laying down the foundation and infrastructure to build up.
Instagram, which you said a lot of people are going to, is owned by Facbook. More often than not, teens are arbiters for what’s coming in the future. But we have never gone and built products specifically for different segments. Mark has always wanted to build a beautiful product, to increase sharing and give people the tools to share and talk about those stories with their friends.
In this role, he leads the global vision, strategy and growth of its multi-billion dollar portfolio. Prior to joining Jordan Brand, Williams was Senior Vice President, The Coca-Cola Co. and President of The McDonald’s Division (TMD) Worldwide, where he was responsible for leading and growing the company’s strategic partnership with McDonald’s in more than 100 countries. Archibong, like leaders of those efforts, has to contend with an inherent challenge familiar to large incumbent tech companies. In developing new apps, Facebook is competing with start-ups that are hungry and focused and have to win with a single product to stay in existence. If a team inside Facebook fails at a project, the members are simply reassigned within the company, a former employee said. Archibong was named head of Facebook’s New Product Experimentation (NPE) division, when the unit was launched a year ago.
During the past 18 months, 446,559 shares of Capital One Financial Corp (COF) were sold and 31 shares were bought by its insiders, resulting in a net
sale
of 446,528 shares. Mr. Archibong holds a Bachelor’s of Science degree in Electrical Engineering and Computer Science from Yale University and a MBA from the Stanford Graduate School of Business. In March 2018, reports surfaced that political consulting firm Cambridge Analytica had improperly accessed the data of 87 million Facebook users, and used that information to target ads for Donald Trump during the 2016 U.S. presidential election.
Archibong’s colleagues say he talks often of Facebook’s role in bringing people together. A few years ago, in a San Francisco recreational basketball league game, Archibong was guarded by Akintunde Ismail Maiyegun, a fellow tech executive. Maiyegun said he blocked one forex simulator of Archibong’s shots, leading to some trash talk. Later in the game, Archibong got his revenge, sprinting down the court with the ball and dunking over Maiyegun’s outstretched arms. In total, NPE apps have been downloaded 37,250 times, according to Sensor Tower.
Products
Many people ask about the amount of money Ime Archibong makes from Instagram. Normally the ad cost for an Instagram ad post is based on the number of followers on the account. We offer customized marketing opportunities designed to effectively reach FinTech professionals as well as armchair enthusiasts and investors. Our highly targeted audience allows our client partners to advertise with less waste and more impact. Capital One Financial Corp (COF)’s detailed insider trading history can be found in Insider Trading Tracker table. In summary, during the past 3 months, insiders sold 79,095 shares of Capital One Financial Corp (COF) in total and bought 0 shares, with a net
sale
of 79,095 shares.
What Is Ime Archibong Net Worth?
I’m here to talk about Facebook, but also to learn — that’s why I’ve been sitting in all of these panels. We need to understand what the industry needs from us and what the industry doesn’t need from us. Capital One is a diversified financial services holding company headquartered in McLean, Virginia. Originally a spinoff of Signet Financial’s credit card division in 1994, the company is now primarily involved in credit card lending, auto loans, and commercial lending. Prior to joining Facebook, Mr. Archibong was an Advanced Technology Business Development Professional at IBM where he focused on the licensing of IBM’s global portfolio of storage research technology.
He helped create the Black@ employee resource group in 2012 and four years later the Black Community Summit, an annual event for Black employees that typically includes a talk from either Zuckerberg or Sandberg. The summit was originally held on a single day but now spans two days. Ime Archibong is Head of New Product Experimentation at Meta, where he leads a portfolio of diverse entrepreneurial teams focused on rapid experimentation of products that enable underserved needs around the world. Capital One also announced today that, after 16 years of service on the company’s board, Pierre Leroy is retiring from the Board effective as of the date of the 2021 Annual Meeting, in accordance with the company’s retirement policy. Capital One is deeply grateful for the leadership and perspective that Mr. Leroy has provided to the Board and the company’s executive management team. Williams’ earlier experience extends across industries, including three years with CIBA Vision Corporation focused on global marketing, seven years with Kraft Foods Inc. in brand management, and five years in the U.S.