Moxie Marlinspike, founder and CEO of messaging app Signal, will step down and WhatsApp co-founder Brian Acton will become interim CEO, Marlinspike said in a blog post on Monday.
“It is a new year, and I have decided that it is a good time to reposition myself as CEO of Signal”, he said. Marlinspike, who remains on Signal’s board, said he is looking for candidates for a permanent CEO position.
Acton founded WhatsApp, a rival messaging app to Signal, in 2009. The company was bought by Meta Platforms, then Facebook, in 2014. According to Signal’s website, he left WhatsApp in 2017 due to differences in the use of customer data and targeted advertising.
In February 2018, he co-founded the non-profit Signal Foundation, which currently oversees the app, along with Marlinspike, by providing an initial funding of $50 million (about Rs 370 crore).
Signal, an end-to-end encrypted messaging platform, has been endorsed by people including Twitter co-founder Jack Dorsey, and whistleblower and privacy advocate Edward Snowden.
© Thomson Reuters 2022
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