Meta Infrastructure Shakeup

It's Benzinga, bringing Wall Street to Main Street. Meta Platform's longtime infrastructure leader, Santosh Janardhan, will leave the company in 2027, according to CNBC. Janardhan, who joined Meta in 2009, will hand leadership of its infrastructure operations to former Amazon Web Services executive, David Brown. Brown joined Meta in July and will serve as Chief Technical Officer of its Meta Compute Initiative, overseeing data center infrastructure supporting the company's AI ambitions. Janardhan will assist with the transition through the first quarter of 2027, The leadership change comes as investors scrutinize Meta's rising capital expenditures. Meta expects full-year capital spending of $135 billion to $145 billion. The company reported negative free cash flow of $2.12 billion in the third quarter, prompting S&P Global Ratings to revise its credit outlook from stable to negative. For all things money, visit Benzinga.com.