Tech

Sheryl Sandberg: Meta (Facebook) COO Quits After 14 Years

Sheryl Sandberg: Meta (Facebook) COO Quits After 14 Years

  • Sheryl Sandberg, the Chief Operating Officer of Meta, has announced that she will be stepping down.
  • Sheryl will continue as a member of Meta’s board of directors after stepping down.
  • The chief growth officer of Facebook, Javier Julian, will continue as the Chief Operating Officer.

Sheryl Sandberg, the Chief operating officer of Facebook parent Meta, has announced that she will be stepping down from her role.

Sheryl Sandberg

In early 2008, Meta announced that Sandberg would be joining its company as the Chief operating officer, making her the next to Facebook CEO Mark Zuckerberg. Her inclusion on the Facebook board has seen the company become one of the leading tech companies at this time, with a market cap that reached $1trillion at one point.

The Chief growth officer of Facebook, Javier Julian, will take over as the Chief Operating Officer. 

However, Sandberg will continue to serve as a member of the board of directors of Meta.

Sandberg discussed her stepping down in a Facebook post, saying:

“Over the next few months, Mark and I will transition my direct reports,” 

Mark Zuckerberg also confirmed that Meta will undergo an internal restructuring to meet the changes.

Zuckerberg stated in a Facebook post.

“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,”.

“But even if it were possible, 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 organized separately from our products,” 

Facebook parent, Meta, has been the subject of heavy criticism due to its unsuccessful attempt to stop the spread of false information and harmful materials and its massive influence.

Read also: Google and Facebook Stealing Telco Revenue – GSMA

The company is presently facing an antitrust lawsuit from the Federal Trade Commission. The Securities and Exchange Commission could scrutinize it after a complaint about its inability to combat hate on its platform.

Sheryl Sandberg also revealed that her principal reason for stepping down is to focus more on her philanthropic work and not because of the company’s current advertising slowdown or its regulatory problems.

Follow Naija.fm on our social media handles FacebookInstagram, and Twitter to keep up with trending news and entertainment gist.

Show More

Related Articles

Back to top button