Sherly Sandberg, Facebook’s (now Meta) 14 year Chief Operating Officer (COO) steps down from her role in the company. She will however continue to serve on the Meta board of directors as she seeks to focus on her foundation and other philanthropic endeavours.
In a Facebook statement, she took time to appreciate Meta CEO Mark Zuckerberg for the opportunity.
I am so immensely proud of everything this team has achieved. The businesses we’ve helped and the business we’ve built. The culture we’ve nurtured together. And I’m especially proud that this is a company where many, many exceptional women and people from diverse backgrounds have risen through our ranks and become leaders – both in our company and in leadership roles elsewhere.
Thank you to the colleagues who inspire me every day with their commitment to our mission, to our partners around the world who have enabled us to build a business that serves their businesses, and especially to Mark for giving me this opportunity and being one of the best friends anyone could ever have.
Javier Olivan, Meta’s Chief growth officer will take over as Meta’s COO according to Meta CEO Mark Zuckerberg who made this known in a separate post.
Sheryl Sandberg as Meta COO was one of the most powerful women in Silicon Valley and has had her shares of struggles on the job. In her time, the company grew to become a trillion dollar company with heavy revenue year on year in the last decade. This made her one of the few women tech billionaires (she’s worth about $1.8b)
She was also at the centre of several privacy issues that plagued the social media giant.
Her departure comes as Meta makes a big push into the metaverse. The social media giant is currently leading the way to the metaverse for billions of its users worldwide.
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