After co-founders Kevin Systrom and Mike Krieger departure, Instagram names Adam Mosseri as new head.

Jan Koum, co-founder of Facebook-owned messenging app WhatsApp left the company few days after.

Mosseri joined Facebook in 2008 and was most recently vice president of product for Instagram.

Shares of Facebook decreased by 1.3% at $162.35.

Jan Koum, co-founder of Facebook-owned messenging app WhatsApp left the company few days after.

Instagram turned 8 this 6th of october, time for a change?