Jeff Weiner is stepping down. After leading the company for 11 years, he will be replaced by Ryan Roslansky, LinkedIn’s current head of product.
Jeff Weiner became CEO of LinkedIn in 2009 after joining from Yahoo. He was the lead architect in the platform’s $27 billion acquisition by Microsoft in 2017.
The news was shared in an email to all staff, announcing that Jeff will stay on as executive chairman of the company, the same position founder and former CEO Reif Hoffman occupied after stepping down in 2009.
Jeff Weiner explained that the time felt right for leaving the job because the “business has never been better, our culture has never been stronger, and our future has never been clearer.” He also added that “despite now reaching over 675 [million] members, employing over 16,000 people and generating $7.5 [billion] in revenue, in many respects it feels like LinkedIn is just getting started.”
Jedd Wwiner is recognized as being the leader that transformed LinkedIn from an online job board to a full-blown social network: “We’ve taken the world’s most powerful way for professionals to stay connected and made it the most trusted place for professional conversations.”
Rolansky was Weiner’s first hire at LinkedIn back in 2008. He was behind LinkedIn’s acquisition of Lynda.com (now LinkedIn Learning) and currently works as head of product for the company.
Weiner will officially step down and be replaced by Rolansky on June 1.