• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for

2

'The demographic dividend of the last 40 years is ending': J.P. Morgan says the world is running out of the two things that kept interest rates down

3

The $39 trillion U.S. national debt isn’t as high as Japan’s and Singapore’s relative to economy size—and yet it's still worse somehow

1

Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for

2

'The demographic dividend of the last 40 years is ending': J.P. Morgan says the world is running out of the two things that kept interest rates down

3

The $39 trillion U.S. national debt isn’t as high as Japan’s and Singapore’s relative to economy size—and yet it's still worse somehow
TechInstacart

Instacart hires another senior female Facebook vet, naming ex–ad chief Carolyn Everson president

By
Maria Aspan
Maria Aspan
Down Arrow Button Icon
By
Maria Aspan
Maria Aspan
Down Arrow Button Icon
August 4, 2021, 11:00 AM ET
Video Poster
Add Fortune on Google for similar content.

Facebook’s senior female executive diaspora is finding a new home at Instacart.

Incoming CEO Fidji Simo, who until last month was head of the Facebook App, officially took over Instacart’s top job on Monday. Her first public move: hiring her longtime colleague Carolyn Everson, Facebook’s former global ad chief, as her new company’s president.

Everson, a leading advertising executive who resigned from Facebook in June, will start at Instacart on Sept. 7, the grocery-delivery startup said on Wednesday. Current president Nilam Ganenthiran will become a strategic adviser to Simo, who is succeeding founder Apoorva Mehta as Instacart comes off a massive pandemic growth spurt and prepares for an expected initial public offering. The San Francisco company recorded $1.5 billion in revenue last year and is privately valued at $39 billion, but needs to fend off fierce competition from other delivery services and figure out new growth strategies, now that post-lockdown customers are returning to in-person shopping.

Simo and her new president worked together at Facebook for about a decade “and have become good friends,” Everson wrote on LinkedIn in May. Earlier this summer, the two women announced their departures from the social media giant within weeks of each other. Now Everson will report directly to Simo and assume responsibility for an expansive portfolio that includes Instacart’s retail, business development, and advertising operations, as well as its teams devoted to people, policy and government affairs, legal, partnerships, Instacart Pickup, and care.

“Carolyn’s an industry legend, best known for cultivating strong, trusted relationships,” Simo said in a press release, adding that Instacart is tapping Everson to strengthen those relationships with more than 600 retail partners and thousands of advertisers.

The two executives are reshaping an Instacart leadership team that already includes another former Facebook colleague, chief operating officer Asha Sharma. She moved from her role as Facebook vice president of product in February, a month after Simo first joined Instacart’s board. And the Facebook hiring spree goes beyond the C-suite: Last month, The Information reported that Instacart has hired at least 55 engineers, product managers, recruiters, designers, and data scientists from Facebook so far this year. (Instacart downplays the suggestion that it has targeted one particular tech giant for poaching; a company spokesperson says that within the past 12 months, the company has hired “an equal number of people from Amazon, Google, and Facebook.”)

Notably, Instacart’s new CEO, COO, and president are also three female former Facebook executives. Women now account for 55% of Instacart’s nine-person senior leadership team—a rarity in Silicon Valley and among IPO-bound unicorns.  

Instacart’s gender-diversity gain appears to be Facebook’s ongoing loss. Mark Zuckerberg’s enormous but controversy-wreathed company is facing questions about the future of its senior women, as Fortune reported last month. Simo’s departure, announced a month after Everson’s resignation, came on the same day that the New York Times published an extensive report describing how chief operating officer Sheryl Sandberg’s influence has waned in the past half-decade. And earlier this year, Deborah Liu left her role as Facebook vice president of app commerce to become CEO of Ancestry.com.

Facebook chief diversity officer Maxine Williams last month downplayed the significance of these departures, telling CNBC, “We’re sad to see them go,” but “the experience of being at Facebook gives people the opportunity to do so many other things.” According to Facebook’s 2021 diversity report, based on data pulled before Simo’s exit, women held 35.5% of leadership roles at the company, a slight increase from 34.2% in 2020.

A Facebook spokesperson told Fortune Wednesday, “We wish Carolyn the best as she moves into this new chapter.”

Subscribe to Fortune Daily to get essential business stories straight to your inbox each morning.
About the Author
By Maria Aspan
LinkedIn iconTwitter icon

Maria Aspan is a former senior writer at Fortune, where she wrote features primarily focusing on gender, finance, and the intersection of business and government policy.

See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Tech

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • TikTok icon
  • YouTube icon

Latest in Tech

Google logo is displayed on a smartphone in front of the EU Flag.
CybersecurityGoogle
EU strikes Google with $1 billion fine in major crackdown on antitrust regulations even as Trump threatens retaliation
By The Associated Press and Sam McNeilJuly 24, 2026
5 hours ago
AI executives demand OpenAI release more details about how the Hugging Face hack happened
AIOpenAI
AI executives demand OpenAI release more details about how the Hugging Face hack happened
By Emily ForliniJuly 24, 2026
5 hours ago
woman yellow shirt standing in front of ring light
SuccessSocial Media
Influencer marketing isn’t an experiment anymore as companies expand their creator advertising budgets
By Tatiana SatauaJuly 24, 2026
5 hours ago
dario
AIEconomics
Anthropic’s head of economics just explained why we haven’t seen a white-collar bloodbath — yet
By Nick LichtenbergJuly 24, 2026
7 hours ago
jh
AINvidia
Jensen Huang just used his first ever X post to warn the AI industry not to make the mistake that software narrowly avoided in the 1980s
By Nick LichtenbergJuly 24, 2026
7 hours ago
pjm
EnergyData centers
The AI boom’s hidden electricity bill — and why you’re paying it
By Nick LichtenbergJuly 24, 2026
7 hours ago

Most Popular

Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for
Big Tech
Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for
By Sydney LakeJuly 23, 2026
2 days ago
'The demographic dividend of the last 40 years is ending': J.P. Morgan says the world is running out of the two things that kept interest rates down
Economy
'The demographic dividend of the last 40 years is ending': J.P. Morgan says the world is running out of the two things that kept interest rates down
By Eleanor PringleJuly 24, 2026
18 hours ago
The $39 trillion U.S. national debt isn’t as high as Japan’s and Singapore’s relative to economy size—and yet it's still worse somehow
Economy
The $39 trillion U.S. national debt isn’t as high as Japan’s and Singapore’s relative to economy size—and yet it's still worse somehow
By Sasha RogelbergJuly 23, 2026
1 day ago
The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind
Real Estate
The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind
By Nick LichtenbergJuly 22, 2026
2 days ago
Current price of oil as of July 24, 2026
Personal Finance
Current price of oil as of July 24, 2026
By Joseph HostetlerJuly 24, 2026
15 hours ago
Turns out Dead Internet Theory was right: AI agents are eating the Web, growing by nearly 8,000% and rewiring the Internet's business model
AI
Turns out Dead Internet Theory was right: AI agents are eating the Web, growing by nearly 8,000% and rewiring the Internet's business model
By Mia OsmonbekovJuly 23, 2026
1 day ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.