Facebook hinted back in February that they would create five new levels of administrative access for Page managers and have finally made good on it.
Starting immediately, the top level administrator (Manager) can set access levels for four other Page admins: Content Creator, Moderator, Advertiser, and Insights Analyst. Facebook released a chart outlining the privileges of each role:

So far, users cannot create custom roles, though this could change. As it is, the five levels of access should appease most and seem to cover the most important administrative functions.
What do you think of Facebook’s new admin access controls? Let us know in the comments.