LinkedIn has named Dan Shapero its new CEO, effective immediately, replacing Ryan Roslansky, who has run the Microsoft $MSFT-owned professional network since 2020.
The transition was announced via a LinkedIn post by Roslansky, who praised Shapero with the words: "He knows our members, our customers, and carries the mission in a way that's genuinely rare." Roslansky is staying on at Microsoft as executive vice president, retaining oversight of LinkedIn and the Office productivity group.
Before rising through LinkedIn's ranks to lead its sales, marketing, and product functions, Shapero came to the company in 2008 as a general manager, having previously done consulting work at Bain & Co., according to CNBC.
Shapero used his own LinkedIn post to frame AI as the central challenge facing the platform's users, writing: "The power of economic opportunity and the promise of LinkedIn has never been more important than it is today as the world is transformed by AI and professionals everywhere must transition along with it."
LinkedIn also said Mohak Shroff is taking on the role of President of Platforms & Digital Work, reporting to Roslansky. Shroff will oversee technology strategy and long-term innovation across LinkedIn and the areas of Microsoft that Roslansky leads.
Under Roslansky's six-year tenure, LinkedIn's membership roughly doubled to surpass 1.3 billion users from around 700 million, and the platform posted 11% year-over-year revenue growth in its most recent quarter. Annual revenue now tops $19 billion, according to LinkedIn.
Microsoft acquired LinkedIn for $27 billion in 2016. The shift at LinkedIn's top follows the recent retirement announcement from Rajesh Jha, who had been Microsoft's most senior Office executive; Roslansky is now among those in the Office group who report directly to Microsoft CEO Satya Nadella, according to CNBC.