After 14 years in the role, Meta’s Chief Operating Officer Sheryl Sandberg is resigning from her position.
In early 2008, Sandberg became Mark Zuckerberg’s second-in-command, helping him transform Facebook into the tech giant it is today.
“Over the next few months, Mark and I will transition my direct reports,” Sandberg said in a statement.
Sandberg will continue to serve on Meta’s board of directors and Javier Olivan will take over as COO this fall.
However, Zuckerberg stated in his own Facebook post that he doesn’t “plan to replace Sheryl’s role in our existing structure,” with Meta undergoing an internal reorganization as part of the change.
Sandberg has said that by stepping down, she will be able to focus on her philanthropic work and added that her decision does not have to do with Meta’s tumbling ad revenue and shares.
She has prioritized lifting women up in the workplace, having released a book called “Lean In: Women, Work, and the Will to Lead” that aimed to address work-related challenges and help women to advance their careers.
