After 11 years as LinkedIn’s CEO, Jeff Weiner will hand the reins to Ryan Roslansky, the company’s current head of global product.
Weiner (LinkedIn profile) will continue as LinkedIn’s executive chairman and Roslansky (LinkedIn profile) will take over as CEO effective June 1. Tomer Cohen, who now works under Roslansky on the product team, will take over as product head.
Weiner took over as CEO of LinkedIn in 2008, with Roslansky as his first executive hire.
During Weiner’s tenure, LinkedIn saw its annual revenue grow from $78 million in 2008 to more than $7.5 billion over the last 12 months. Membership grew from 17 million to 645 million users.
Weiner also oversaw LinkedIn’s IPO in 2011 and its acquisition by Microsoft in 2016.
In an open letter to LinkedIn staff, Weiner said he has been discussing the transition since last summer with Microsoft CEO Satya Nadella. He said several factors drove his decision:
“For starters, our business has never been better, our culture has never been stronger, and our future has never been clearer,” Weiner wrote. “Additionally, my passion for initiatives beyond my day-to-day role as CEO has continued to grow.”
Weiner said he’s looking forward to serving as executive chairman in a similar way to LinkedIn founder Reid Hoffman, who filled the role while Weiner was CEO.
“His contributions have been invaluable, and LinkedIn obviously wouldn’t be where it is today without him,” Weiner wrote “As LinkedIn’s new Executive Chairman, I hope to serve in much the same way.”