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The heiress of $10 billion Perdue Farms and the $12 billion Sheraton Hotels empire wore hand-me-downs, still rides the subway, and flies economy

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31-year-old millionaire has zero sympathy for unemployed Gen Z's ‘excuses’—he says 'it is scarily easy' to build a business and get rich right now

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Current price of oil as of September 1, 2026
TechYahoo

Facebook poached this influential Yahoo exec

By
Benjamin Snyder
Benjamin Snyder
Managing Editor
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By
Benjamin Snyder
Benjamin Snyder
Managing Editor
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June 25, 2015, 10:42 AM ET
Photograph by Karen Bleier — AFP/Getty Images
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Alex Stamos, Yahoo’s (YHOO) chief information security officer, announced on his Facebook (FB) page Wednesday that he’s leaving to take a similar post at Facebook.

“The Internet has been an incredible force for connecting the world and giving individuals access to personal, educational and economic opportunities that are unprecedented in human history,” Stamos wrote. “These benefits are not without risk, and it is the responsibility of our industry to build the safest, most trustworthy products possible.”

He added: “This is why I am joining Facebook.”

The post generated over 800 likes on the social media service he’ll soon be working for.

Stamos had served as Yahoo’s top cybersecurity officer and was with the company for a little over a year. He succeeds Joe Sullivan, who left Facebook in April to join ride-share startup Uber.

About the Author
By Benjamin SnyderManaging Editor
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Benjamin Snyder is Fortune's managing editor, leading operations for the newsroom.

Prior to rejoining Fortune, he was a managing editor at Business Insider and has worked as an editor for Bloomberg, LinkedIn and CNBC, covering leadership stories, sports business, careers and business news. He started his career as a breaking news reporter at Fortune in 2014.

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