The CEO of LinkedIn moves aside after 11 years, says it's the right time

NEW YORK: The professional networking service is getting a new CEO.

Jeff Weiner He will become CEO after 11 years as CEO of Microsoft-owned business. , senior vice president of product, will become CEO from June 1.

Weiner said the moment felt good personally and professionally, with a successor ready. He said he believes his new role is similar to how the founder of LinkedIn Reid Hoffman it helped

He was there to help ensure that I was successful, Weiner said in a video posted by LinkedIn. Then I would like to replicate this process.

Weiner said he would still be available to represent the company and help with product or strategy reviews.

Roslansky said that LinkedIn's priority of serving the world's professionals will not change.

LinkedIn is a social network for workers and job seekers. Recruiters use it to find new hires. It has about 645 million members, compared to 33 million when Weiner joined LinkedIn as CEO in 2008.

Microsoft bought the company for $ 26 billion in 2016. LinkedIn made up almost 6% of Microsoft revenue over the past six months.

Roslansky has been at LinkedIn for more than 10 years. He will report to Microsoft CEO and join Microsoft 's senior leadership team.