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Meta's WhatsApp head to step down, will be replaced by Indian fintech founder Kunal Shah

Meta has appointed CRED founder Kunal Shah as the global head of WhatsApp. Shah replaces Will Cathcart, who is moving into a new role at Meta. This leadership change coincides with a Meta investment in the Indian fintech company CRED.

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What changed

Kunal Shah is replacing Will Cathcart as the leader of WhatsApp.

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  1. Kunal Shah Named New Head of WhatsApp

    Meta has appointed CRED founder Kunal Shah as the global head of WhatsApp. Shah replaces Will Cathcart, who is moving into a new role at Meta. This leadership change coincides with a Meta investment in the Indian fintech company CRED.

    What's confirmed:

    • Kunal Shah will replace Will Cathcart as the head of WhatsApp.
    • Will Cathcart has led WhatsApp for approximately seven years.
    • Kunal Shah is the founder of the Indian fintech company CRED.
    • Meta is investing $900 million in CRED.
    • Will Cathcart is transitioning to a different role within Meta.

    Still unconfirmed:

    • Will Cathcart's new role will focus on Meta's artificial intelligence initiatives.
    • Meta will acquire roughly 20% stake in CRED, valuing the company at about Rs 38,000 crore ($4.5 billion).
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