Facebook installs key leadership team members for Libra in the absence of a charter

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Quick Take
- Libra Association founding members will vote in a managing director for the organization, but in the meantime, Facebook has been hiring
- These interim hires can remain or leave at the discretion of the founding members and the eventually member-elected managing director
- David Marcus, Head of Messaging Products for Facebook, said this structure was deliberate
Facebook’s Libra Association has found a crop of temporary hires, including an interim managing director and COO in Bertrand Perez. The once Senior Director of Payments Engineering will head the association’s team ahead of the permanent managing director, who will be elected by the Founding Members of the Libra Association. Perez spent more than seven […]
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