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Sheryl Sandberg, the COO of Facebook parent Meta, is stepping down.

Sheryl Sandberg

(AP) SAN FRANCISCO — According to a post on her Facebook page on Wednesday, Sheryl Sandberg, the No. 2 executive at Facebook owner Meta, is stepping down. For the past 14 years, Sandberg has led the social media behemoth as its chief operations officer. She came from Google and joined Facebook in 2008, four years before the company went public.

Facebook COO Sheryl Sandberg

“I expected to be in this position for five years when I started in 2008.” “It’s time for me to write the next chapter of my life,” Sandberg wrote on her Facebook page, fourteen years later. She made no mention of what she intended to do.

Sandberg oversaw Facebook’s advertising business, which is now owned by Meta, and was responsible for growing it from its beginnings to a $100 billion-a-year behemoth.

This fall, the company’s chief growth officer, Javier Olivan, will take over as COO. Sandberg will remain on Meta’s board of directors after informing Zuckerberg of her choice this past weekend.

“Mark and I will transition my direct reports over the next few months,” Sandberg stated in a long Facebook post about stepping down. According to Zuckerberg, Meta is also preparing an internal reorganization to coincide with the change.

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Written by Kingsley odor

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