Sheryl Sandberg is stepping down as COO of Meta and Fb after 14 years.
“Once I took this job in 2008, I hoped I’d be on this function for 5 years. Fourteen years later, it’s time for me to write down the subsequent chapter of my life,” Sandberg wrote in a Facebook post(Opens in a new window). “I’m not totally certain what the long run will deliver – I’ve realized nobody ever is. However I do know it’s going to embody focusing extra on my basis and philanthropic work, which is extra vital to me than ever given how vital this second is for girls.”
Sandberg will stay on the firm till the autumn, and she or he’ll proceed to serve on Meta’s board of administrators. In a separate Facebook post(Opens in a new window), CEO Mark Zuckerberg stated Javier Olivan, presently Chief Development Officer, will tackle the COO function.
“This function will likely be totally different from what Sheryl has completed,” in keeping with Zuckerberg. “It will likely be a extra conventional COO function the place Javi will likely be targeted internally and operationally, constructing on his sturdy monitor file of creating our execution extra environment friendly and rigorous.”
When Sandberg joined Fb in 2008 from Google, the social community had been round for 4 years; a “small startup” that was “chaotic,” as she describes it in her goodbye notice.
Quick ahead one other 4 years and Fb had a billion customers and Sandberg was about to make a splash with Lean In, a e book that grew to become a mantra for a lot of ladies within the early 2010s. She then confronted private tragedy when her husband David Goldberg, CEO of Surveymonkey, died immediately in 2015.
Extra not too long ago, as Fb’s attain ballooned to 2 billion customers, it confronted a variety of scandals, from failing to get a deal with on disinformation, significantly because it associated to the 2016 election, to mishandling customers’ private info. By 2021, when a former Fb product supervisor handed over damaging paperwork to the Wall Road Journal, Zuckerberg and Sandberg struggled to clarify what had gone fallacious. Zuckerberg at the very least appeared rather more involved with the metaverse than addressing product-related shortcomings.
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In her assertion, Sandberg praised Zuckerberg “as a real visionary and a caring chief. He generally says that we grew up collectively, and we’ve.”
In a touch upon her publish, Zuckerberg referred to as Sandberg’s departure “The tip of an period.”
He provides: “Within the 14 years we have labored collectively, you’ve got architected our advertisements enterprise, employed nice folks, cast our administration tradition, and taught me easy methods to run an organization. I’ll miss working alongside you daily, however grateful to have you ever as a lifelong good friend. Thanks for all you’ve got completed for me and my household, for our firm, and for thousands and thousands of individuals all over the world. You are a famous person.”
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