Facebook Appoints Yahoo Executive Alex Stamos As Chief Security Officer

(RTTNews) - Facebook Inc. (FB) has appointed Yahoo! Inc.'s (YHOO) Alex Stamos as chief security officer.

Stamos, 36, who was at Yahoo for more than a year, said in a Facebook post Wednesday that he will be joining Facebook as their Chief Security Officer on June 29. Stamos is filling a position vacated by Joe Sullivan, who left Facebook for Uber Technologies Inc. at the end of April.

"There is no company in the world that is better positioned to tackle the challenges faced not only by today's Internet users but for the remaining 2/3rds of humanity we have yet to connect. The Facebook security team has demonstrated a history of innovation as well as a unique willingness to share those innovations with the world, and we will build upon that history in the years to come," Stamos said in the post.