Susan Li has been at Meta since 2008 when the startup then known as Facebook was just a handful of employees “scattered across a few buildings" in downtown Palo Alto. On Nov. 1 she became Meta’s new finance chief, succeeding longtime CFO Dave Wehner. Li enters the C-suite at a pivotal moment, as the internet company attempts to reorient its business around metaverse technology and as advertising revenue feels the sting of a slowing economy. The twin challenges mean the Stanford University alumna will have her work cut out for her, balancing difficult cost cuts (including major layoffs during her first month in the new role) with strategic investments. Having helped steer the company through some of its past ups and downs, Li, who was previously VP of finance, comes equipped for the task with a deep reservoir of firsthand knowledge.