Economic Insider

Sheryl Sandberg Resigns as the Chief Operating Officer for Meta

Sheryl Sandberg steps down after more than a decade of partnership with Zuckerberg

For more than a decade, Facebook has dominated the social media space. They are responsible for an estimated 2 billion people worldwide being connected to one another. Through their suites of apps and sites that they own, including Instagram. While Mark Zuckerberg is usually the most associated with Facebook, Sheryl Sandberg has also played an essential role. However, it was reported that she would be leaving. After 14 years of service, the chief operating officer of Meta decided to resign her post.

“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 in a statement. “But it should be hard. The products we make have a huge impact. So we have the responsibility to build them in a way that protects privacy and keeps people safe.”

Mark Zuckerberg Announced About Meta

Mark Zuckerberg announced that Sheryl Sandberg will continue serving on the Meta company’s. She become a board of directors, but in a different capacity. Javier Olvan will be taking over the role with a more traditional COO approach.

Before Facebook, Sheryl was once Google’s vice president of global online sales and operations. She also held senior roles at the World Bank as well as working for the Treasury Department before joining Facebook.

Sandberg’s partnership with Facebook began in 2007. Helping the company grow from $150 million to more than 3 billion within four years. She also earned the moniker of being one of the most influential women in tech. Before starting the Lean In movement.

When she first joined Facebook, Sheryl Sandberg faced several challenges. One of these was misinformation on the platform that led to the 2016 presidential election being influenced. A rift ensued between Sandberg and Zuckerberg during the Trump administration, one that continued to widen through the years. Rumors started to circulate of her resignation, but Zuckerberg assured people in 2018 that Sandberg would maintain her post.

Sheryl Sandberg’s recent departure is yet to be revealed.

Opinions expressed by Economic Insider contributors are their own.

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