Business
AppLovin Announces Succession Plans for Key Leadership Roles and New Independent Chairperson
PALO ALTO, Calif.--(BUSINESS WIRE)-- AppLovin Corporation (NASDAQ: APP) (“AppLovin” or the “Company”), the leading marketing platform, today announced
About this update from Applovin Corporation
[{"type":"text","content":" PALO ALTO, Calif.--(BUSINESS WIRE)--\nAppLovin Corporation (NASDAQ: APP) (“AppLovin” or the “Company”), the leading marketing platform, today announced succession plans relating to its executive management team and the appointment of Craig Billings as independent Chairperson of its Board of Directors (the “Board”).\n\n\nThe Company announced the following management succession plans:\n\n\n\nChief Technology Officer: Basil Shikin, AppLovin’s current Chief Technology Officer, will transition into the role of Distinguished Engineer, effective July 1, 2026, at which time Giovanni (“Gio”) Ge, the Company’s current Chief Product and Engineering Officer, will become AppLovin’s next Chief Technology Officer.\n\n\n\nChief Legal Officer: Victoria (“Tory”) Valenzuela, AppLovin’s current Chief Administrative & Legal Officer, will retire, effective August 1, 2026, and will be nominated for election as a director at the Company’s 2026 Annual Meeting of Stockholders. Upon Ms. Valenzuela’s retirement, Corina Cacovean, the Company’s current Deputy General Counsel, Privacy, Litigation & Regulatory, will become AppLovin’s next Chief Legal Officer.\n\n\n\n“Basil and Tory have been instrumental in AppLovin’s growth. Basil led development of much of our technology stack over the nearly 10 years he was CTO. In his new role, we'll continue to benefit from his perspective as a builder and an innovator. Tory has been a valued business partner, helping guide the Company through its IPO and a period of rapid expansion, and we look forward to her presence and expertise in the boardroom,” said Adam Foroughi, Chief Executive Officer and Co-Founder. “We're pleased to elevate their successors from within—Gio and Corina bring deep institutional knowledge and leadership, underscoring our commitment to talent development and thoughtful succession planning.”\n\n\nThe Company also announced the appointment of Craig Billings as independent Chairperson of the Board, building on his tenure as Lead Independent Director since the Company's IPO. Adam Foroughi will continue to serve as Chief Executive Officer and a member of the Board.\n\n\n“Craig has been a thoughtful and engaged leader since joining the Board,” Mr. Foroughi said. “I was pleased to recommend he become the Chairperson, allowing me to fully focus on strategic execution.”\n\n\n“The AppLovin Board is compris...