Sheryl Sandberg is Stepping down from her role as Chief Operating Officer (COO) at Meta, formerly known as Facebook.
Sandberg joined the Company in early 2008, Holding the Second highest position to Facebook Chief Executive Officer and co-founder Mark Zuckerberg, and have helped turn meta into an advertising juggernaut and one of the most powerful companies in the World.
WAKADAILY Reported that Javier Olivan, the company’s chief growth officer (CGO), will take over as the new Chief Operating Officer of Meta.
Sandberg, who informed the CEO of the Organisation, Zuckerberg of her decision to Stepdown this past weekend, will continue to serve as board of directors at Meta.
“Today, I am sharing the news that after 14 years, I will be leaving Meta”
“When I first met Mark, I was not really looking for a new job – and I could have never predicted how meeting him would change my life. We were at a holiday party at Daniel L Rosensweig’s house. I was introduced to Mark as I walked in the door, and we started talking about his vision for Facebook. I had tried The Facebook, as it was first called, but still thought the internet was a largely anonymous place to search for funny pictures. Mark’s belief that people would put their real selves online to connect with other people was so mesmerizing that we stood by that door and talked for the rest of the night. I told Dan later that I got a new life at that party but never got a single drink, so he owed me one.” Sandberg said in a lengthy Facebook post discussing stepping down.
Zuckerberg said. “Looking forward, I don’t plan to replace Sheryl’s role in our existing structure. I’m not sure that would be possible since she’s a superstar who defined the COO role in her own unique way,” Zuckerberg said in a Facebook post.