Facebook Managing Risk with New Exec Daniel Levy

The latest recruit to the Facebook camp is Daniel Levy, who has been named the company’s new director of risk management, reports VentureBeat. Holding senior positions at Paypal in his previous roles, Levy will have a focus on finance with his new job for managing risk at Facebook.

This is important for protecting the advertising revenue that Facebook receives from its ever-growing network. Given the modifications we’ve seen in recent weeks alone, the protection of Facebook’s advertising stream is vital right now. From new advertising methods and increased placement, there is a great deal of risk to be managed when it comes to Facebook and its ad network alone.
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