The long-time No 2 executive at Facebook said it was time “to write the next chapter of my life”.
Sheryl Sandberg, the No. 2 executive at Facebook owner Meta, is stepping down, according to a post on her Facebook page. Sandberg has served as chief operating officer at the social media giant for 14 years. She joined from Google in 2008, four years before Facebook went public.Sheryl Sandberg, chief operating officer of Facebook, will remain on Meta’s board.“When I took this job in 2008, I hoped I would be in this role for five years.
Meta CEO Mark Zuckerberg said in his own Facebook post that he doesn’t plan to replace Sandberg in the company’s existing structure. Javier Olivan will serve as Meta’s new COO.Zuckerberg said this “this role will be different from what Sheryl has done. 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”.
“I think Meta has reached the point where it makes sense for our product and business groups to be more closely integrated, rather than having all the business and operations functions organised separately from our products,” Zuckerberg wrote. This turned out to be untrue. Internal documents, revealed by whistleblower Frances Haugen later that year, showed that Facebook’s own employees were concerned about the company’s halting and often reversed response to rising extremism in the US.
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