Sheryl Sandberg, Chief Operating Officer of Meta platforms, announced her departure from Meta after more than a decade on Facebook. She oversaw the company’s business operations and served on its board of directors during her tenure.
Sheryl earned a BA with honors from Harvard University and an MBA with distinction from Harvard Business School. Sheryl and Wharton professor and bestselling author Adam Grant co-wrote Option B: Facing Adversity, Building Resilience, and Finding Joy. She is also the bestselling author of Lean In Women, Work, and the Will to Lead and Lean In for Graduates.
She established the Sheryl Sandberg & Dave Goldberg Family Foundation, a non-profit organization dedicated to making the world a more equitable and resilient place through three key initiatives: Lean In, Option B, and the Dave Goldberg Scholarship Program. Sheryl is also a board member of Women for Women International, ONE, and Momentive.
Since then, the Silicon Valley behemoth’s image has been tainted by accusations of wrongdoing, of prioritizing profit over user privacy and even societal good.
Meanwhile, TikTok, LinkedIn, Pinterest, Twitter, and even Apple are competing with Meta for people’s online attention, as Facebook is increasingly seen as a place for older people.
Sandberg’s role at the company will not be replaced, according to Zuckerberg, but Javier Olivan will become Meta’s next chief operating officer.
However, the next COO will be more traditional, as opposed to Sandberg’s close second-in-command status, according to Zuckerberg.
Zuckerberg said that he has no plans to replace Sheryl’s role in their current structure.
And he was not sure as she’s a superstar who has defined the role of COO in her way.
Meta shares fell more than 2% on news of Sandberg’s departure, adding to a stock value that has plummeted since fears emerged that the company’s consistent growth was coming to an end.
According to Eisenstat, the former head of Facebook’s elections integrity team, Sandberg cannot be held solely responsible for the economic outcomes of her career; her legacy must also be examined for its societal impact. According to Eisenstat, “leaving Facebook absolves her of any decisions made under her supervision.” “Now, people will try to rewrite her history, but nothing will change.”
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