Sheryl Sandberg is stepping down as chief operating officer of Meta, Facebook’s parent company, the company confirmed on Wednesday.
In a post on Facebook, Sandberg did not reveal the reason for his departure from the company, which will take place in the fall. Sandberg said she plans to focus on her philanthropic work in the future. She has worked for the company for 14 years.
“The debate around social media has changed beyond recognition since those early days. To say it hasn’t always been easy is an understatement,” Sandberg wrote. “But it should be tough. The products we we make have a huge impact, so we have a responsibility to make them in a way that protects privacy and keeps people safe.
Sandberg will continue to serve on the company’s board, Meta CEO Mark Zuckerberg said in a separate Facebook post. Javier Olivan, the company’s chief growth officer, will become its next COO, but his role will be “different from what Sheryl has done” and “a more traditional COO role,” Zuckerberg added.
“I think Meta has reached the point where it makes sense for our product and business groups to be more tightly integrated, rather than having all business and operational functions organized separately from our products,” he said. declared.
Sandberg was already a tech industry figurehead when she joined Facebook, having previously served as Google’s vice president of global online sales and operations. Prior to Google, she held senior positions at the World Bank and the Treasury Department under President Bill Clinton. During those early years at Facebook, she was often referred to as the adult supervisor of a company run by a very young founder.
“When Sheryl joined me in 2008, I was only 23 and barely knew how to run a business,” Zuckerberg said in his post. “We had built a great product – the Facebook website – but we didn’t have a profitable business yet and were struggling to grow from a small startup to a full-fledged organization.”
In partnership with Zuckerberg, Sandberg helped make Facebook the social media advertising giant it is today. She also gained newfound notoriety as one of the most influential women in tech. This reputation has been bolstered by her work pioneering the Lean In movement, offering a blueprint for how women can succeed and achieve their goals.
“Sheryl built our advertising business, hired great people, shaped our management culture, and taught me how to run a business. She created opportunities for millions of people around the world, and she deserves credit. much of what Meta is today,” Zuckerberg wrote.
But Sandberg also chaired Facebook as it transformed from one of Silicon Valley’s most exciting new companies to a scandal-prone organization accused of everything from undermining democracy to encouraging genocide. Sandberg has often found herself defending the company against these accusations, as well as the platform’s role in spreading misinformation and divisiveness.
In recent years, it has been reported that her close relationship with Zuckerberg has become strained in the process. In 2018, Zuckerberg said Sandberg wasn’t going anywhere and noted that he hoped “we’ll work together for decades to come.”
In his Wednesday post, Zuckerberg said, “It is unusual for a business partnership like ours to last this long. I think ours did because Sheryl is such an amazing person, leader, partner and friend.