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See the best of Reuters photography. See more | Photo caption Battle for Aleppo The battle for Syria's biggest city. Slideshow Looking for work The frontlines of the unemployment crisis. Slideshow Facebook's head of communications to leave company Tweet Share this Email Print Credit: Reuters Related News Facebook crosses billion threshold, on quest for growth Thu, Oct 4 2012 Facebook's new pitch to brand advertisers: forget about clicks Mon, Oct 1 2012 Google shares hit record high, find favor on Street Mon, Sep 24 2012 Facebook shares drop after Barron's snub Mon, Sep 24 2012 Iran readies domestic Internet system, blocks Google Sun, Sep 23 2012 Analysis & Opinion IA brief: State laws may require firms to re-think social media policies Related Topics Tech » Media » Facebook » By Alexei Oreskovic SAN FRANCISCO | Fri Oct 5, 2012 3:23pm EDT SAN FRANCISCO (Reuters) - Joe Lockhart, Facebook Inc's head of global communications and a former press secretary for President Bill Clinton, is leaving the social networking company, Facebook said. Lockhart, who is the latest high-profile executive to depart Facebook following its disappointing initial public offering in May, is leaving 15 months after joining the world's No.1 social network. A Facebook spokeswoman said that Lockhart is leaving because he decided he wanted to remain on the East Coast, and did not want to move to California, where Facebook is headquartered. Lockhart's last day at Facebook has not yet been determined. The Facebook spokeswoman said the company hopes to continue to work with Lockhart as an independent consultant. Lockhart was the chief spokesman and senior adviser to President Clinton between 1998 and 2000, and co-founded the Glover Park Group communications firm in 2001. Facebook, which announced on Thursday that it had surpassed a billion monthly active users, ranks among the Web's most popular destinations alongside websites owned by Google Inc, Microsoft Corp and Yahoo Inc. But the company has faced a rough reception on Wall Street, as concerns about its slowing revenue growth rate has cut its market valuation by more than 40 percent. Shares of Facebook were down 2.6 percent at $21.37 in midday trading on Friday. In June, Facebook Chief Technology Officer Bret Taylor announced that he would leave the company, and Facebook's director of platform partnerships and its director of product management have also departed in recent months. News of Lockhart's move was first reported by the technology blog AllThingsD.com. (Reporting By Alexei Oreskovic; Editing by Tim Dobbyn) Tech Media Facebook Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. 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Other News on Saturday, 6 October 2012
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Armenian president says Azerbaijan threatens new war |
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Facebook's head of communications to leave company |
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