SHERYL Sandberg has announced she’s stepping down from her post as the chief operating officer at Meta after 14 years.
Sandberg joined Facebook in 2008 as the number two next to CEO Mark Zuckerberg, helping transform the social media platform into a billion-dollar advertising juggernaut.
2
2
“Today, I am sharing the news that after 14 years, I will be leaving Meta,” she announced on her Facebook account.
“Sitting by Mark’s side for these 14 years has been the honor and privilege of a lifetime. Mark is a true visionary and a caring leader. He sometimes says that we grew up together, and we have.
“When I took this job in 2008, I hoped I would be in this role for five years. Fourteen years later, it is time for me to write the next chapter of my life.”
She added: “I am not entirely sure what the future will bring – I have learned no one ever is. But I know it will include focusing more on my foundation and philanthropic work, which is more important to me than ever given how critical this moment is for women.”
Sandberg revealed she will be stepping down from her role this fall but will continue to serve on Meta’s board of directors.
Meta owns Facebook, Instagram, WhatsApp and other apps.
“It’s the end of an era. After 14 years, my good friend and partner Sheryl Sandberg is stepping down as COO of Meta,” Zuckerberg wrote in a FB post.
“I’m sad that the day is coming when I won’t get to work as closely with Sheryl. But more than anything, I’m grateful for everything she has done to build Meta. She has done so much for me, for our community, and for the world — and we’re all better off for it.”
Most read in The Sun
The Meta CEO revealed that the company’s chief growth officer, Javier Olivan, will take a more “traditional chief operating officer role” than Sandberg.
“It will be a more traditional COO role where Javi will be focused internally and operationally, building on his strong track record of making our execution more efficient and rigorous,” Zuckerberg said.
Olivan has worked at Meta for more than 14 years and has led teams handling Facebook, Instagram, WhatsApp and Messenger.
We pay for your stories!
Do you have a story for The US Sun team?
