FB: Facebook (FB +2.4%) ad product chief Gokul...

1:18 PM Facebook (FB +2.4%) ad product chief Gokul Rajaram is leaving for hot mobile payment startup Square, a move that makes him the latest in a long line of senior execs to jump ship post-IPO. Rajaram, who was known as the "godfather" of Google's AdSense display ad business before joining Facebook, has spearheaded Facebook's tsunami of new ad product launches over the last 2 years. He leaves as Facebook works to streamline its ad offerings, roll out costly video ad products, and leverage non-Facebook data to improve ad targeting. Read comments

FB price at time of publication: $24.73. Check FB price now »

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