Meta COO Sheryl Sandberg is stepping down after 14 years

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Sheryl Sandberg will step down because the COO of Meta Platforms after 14 years as its second-ranking government, the place she helped scale Fb into the social media juggernaut it’s right this moment. Sandberg will go away her publish as the corporate’s No. 2 chief within the fall after spending the subsequent few months working with founder and CEO Mark Zuckerberg to transition her direct experiences. She is going to retain a seat on Meta’s board.

Zuckerberg referred to as the change an “finish of an period” and mentioned that he doesn’t plan to switch Sandberg’s precise function within the firm’s construction. His present chief progress officer Javier Olivan, already one of many firm’s strongest however lesser-known executives, will take over as COO in what Zuckerberg says is a “extra conventional” COO…

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