WhatsApp cofounder Jan Koum announced that he is leaving the Facebook-owned company and stepping down from Facebook's board. On his Facebook page , Koum wrote that he is taking time to "do things I enjoy outside of technology," including "collecting rare air-cooled Porsches" and "playing ultimate frisbee. The departure also comes after he unloaded billions of dollars' worth of Facebook stock. Acton left the company in November. On Koum's post announcing his departure, Zuckerberg commented, "I'm grateful for everything you've done to help connect the world, and for everything you've taught me, including about encryption and its ability to take power from centralized systems and put it back in people's hands. Those values will always be at the heart of WhatsApp. A WhatsApp spokesperson originally declined to comment on Koum's position on Facebook's board and instead pointed to Koum's Facebook post and Zuckerberg's comment.
WhatsApp cofounder Jan Koum announced his departure from the Facebook -owned subsidiary in April, but he's still employed, reportedly stalling until his remaining stock options vest. But The Wall Street Journal reported Wednesday Koum hasn't shown up since July and is instead taking advantage of a practice commonly known in Silicon Valley as "rest and vest" in which executives remain on the payroll and wait for stock options to free up. Koum said his goodbyes back in May but has yet to fully leave, the newspaper reported.
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