The WhatsApp founder who left Facebook is still employed, in an apparent move to vest stock [CNBC]
Meta Platforms, Inc. - Class A (FB)
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Source: CNBC
David Ramos | Getty Images Whatsapp CEO Jan Koum WhatsApp cofounder Jan Koum announced his departure from the Facebook -owned subsidiary in April, but he's still employed, reportedly stalling until his remaining stock options vest. Facebook confirmed to CNBC that Koum is still an employee, despite an April Facebook post in which he said it was time to move on. But the Wall Street Journal reported Wednesday Koum hasn't shown up since July and is instead taking advantage of a practice commonly known in Silicon Valley as rest and vest in which executives remain on the payroll and wait for stock options to free up. Koum said his goodbyes back in May, but has yet to fully leave, the newspaper reported. A Facebook spokesperson said Koum is employed and working on various projects and helping transition WhatsApp leadership. Facebook bought WhatsApp for $19 billion in 2014 , its largest-ever acquisition. Koum's corresponding employme
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