August 8, 2022

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Nick Clegg becomes latest Meta executive bound for London

2 min read

Nick Clegg, the president of global affairs at Meta, is partly relocating to London, joining a growing list of top executives from the US social media company who have moved for all or a substantial part of their time to the UK this year.

News of Clegg’s decision to split his schedule between California and the UK came the day after the Financial Times revealed that Adam Mosseri, head of Meta’s Instagram service, was moving to London. Chief marketing officer Alex Schultz has also relocated to the UK this year.

Clegg, a former leader of the Liberal Democrats and deputy prime minister in the UK, was promoted by Facebook parent Meta six months ago to take on responsibility for all the company’s dealings with governments globally, reporting directly to chief executive Mark Zuckerberg.

The position has also put him on the front line of handling the political storms that have periodically rocked the company, allowing Zuckerberg to escape the limelight and focus instead on an attempted overhaul to counter the rise of TikTok and take a lead in building the metaverse.

Clegg will divide his time between homes in California and London, according to a person close to the situation, and is part of a sea change in Meta’s leadership. In the early days of the coronavirus pandemic, Zuckerberg was more forthright than other tech leaders in saying that remote work would become a permanent part of how the company operates, though it is only this year that a number of top executives have moved their main bases away from Silicon Valley.

Clegg decided to spend more time in the UK and continental Europe for what friends said were personal reasons, including wanting to be closer to his elderly parents, adding that he saw London as a better location from which to travel to Europe and Asia.

Having moved to Facebook in 2018, Clegg has never made a secret of his lack of affection for California, telling the FT in an interview last year that he was “a European at heart”. He said…

2022-08-02 21:37:02

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