Current:Home > MarketsIn surprise move, Sheryl Sandberg leaves Facebook after 14 years -Infinite Profit Zone
In surprise move, Sheryl Sandberg leaves Facebook after 14 years
View
Date:2025-04-13 13:55:26
Sheryl Sandberg, one of Silicon Valley's most prominent executives who helped establish Facebook as a global tech juggernaut, is stepping down as chief operating officer of Meta, Facebook's parent company.
Sandberg, 52, made the surprise announcement in a Facebook post on Wednesday, writing that: "When I took this job in 2008, I hoped I would be in this role for five years. Fourteen years later, it is time for me to write the next chapter of my life," Sandberg wrote. "I am not entirely sure what the future will bring – I have learned no one ever is."
Sandberg will stay on Meta's board of directors, according to the company. Javier Olivan, another executive at the company, will takeover as chief operating officer when Sandberg departs the role this fall.
She plans to spend her time focusing on philanthropy and her foundation. This summer, she noted in her post, she will be marrying television producer Tom Bernthal.
Sandberg was a pivotal figure in helping grow Facebook from a free social network dreamed up in a Harvard dorm to one of the most dominant social media platforms in the world, with nearly 3 billion users around the globe.
Often referred to as "the adult in the room" during the early days of Facebook's rise, she served as a seasoned No. 2 at company alongside co-founder Mark Zuckerberg, who was leading the company in his early 20s. Sandberg arrived at Facebook after years of working as a manager in advertising at Google.
"He was just 23 and I was already 38 when we met, but together we have been through the massive ups and downs of running this company," Sandberg wrote in her departure note on Wednesday.
At Facebook, Sandberg oversaw advertising strategy, hiring, firing and other management issues. Zuckerberg once said she "handles things I don't want to," he told the New Yorker in 2011. "She's much better at that."
Outside of the company, she became a public face of Facebook, sitting for interviews amid crises and schmoozing policymakers weighing regulations that would affect the company.
Sandberg is leaving at a time when Facebook, which rebranded last year as Meta, attempts to reinvent itself as a hardware company focused on the virtual reality-powered metaverse. Unlike the social network, the metaverse-related business does not rely on advertising, which was one of Sandberg's areas of expertise.
Beyond serving as the No. 2 at Facebook, Sandberg has become a celebrity author, penning "Lean In," a 2013 book that became a touchstone in the push for greater gender equality in the workplace. After her husband Dave Goldberg died suddenly in 2015, she wrote another book on how to navigate grief called "Option B."
At Facebook, Sandberg served as the public face of the company as it reeled from crises over the years, including Russia's interference in the 2016 presidential election and in the months following the 2018 Cambridge Analytica scandal over how the data-mining firm had inappropriately used Facebook user data for political purposes.
Her exit comes two months after a controversy in which Sandberg reportedly urged a British tabloid to back away from reporting on her former boyfriend Activision Blizzard CEO Bobby Kotick.
The story, which was never published, was reportedly on court filings showing that an ex-girlfriend of Kotick's had received a temporary restraining order against him after harassment allegations.
The Wall Street Journal reported that Sandberg's advisors worried the story could hurt Sandberg's image as an advocate for women, so a team including Facebook employees worked to have the story killed.
Facebook reviewed whether Sandberg's actions violated company rules, but the findings have not been made public. A spokeswoman for the company would only say the investigation has been completed.
A Meta spokeswoman said Sandberg's departure is unrelated to reports about the Kotick incident.
"She was not pushed out or fired," Meta spokeswoman Nkechi Nneji said.
veryGood! (37)
Related
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- GOT BAG Eco-Friendly Backpacks Will Earn You an A in Sustainable Style
- Russia’s Putin stays away over arrest warrant as leaders of emerging economies meet in South Africa
- Firefighters in Greece have discovered the bodies of 18 people in an area with a major wildfire
- Pressure on a veteran and senator shows what’s next for those who oppose Trump
- Indianapolis police release bodycam footage showing man fleeing police shot in back by officer
- These $11 Jeans Have Been Around for 47 Years and They’re Still Trending With 94 Colors To Choose From
- U.S. gymnastics championships TV channel, live stream for Simone Biles' attempt at history
- Meta donates $1 million to Trump’s inauguration fund
- Court battle begins over Missouri’s ban on gender-affirming health care for minors
Ranking
- Rolling Loud 2024: Lineup, how to stream the world's largest hip hop music festival
- New Mexico State preaches anti-hazing message as student-athletes return for fall season
- Thaksin moved from prison to a hospital less than a day after he returned to Thailand from exile
- Bobby Flay talks 'Triple Threat,' and how he 'handed' Guy Fieri a Food Network job
- The FBI should have done more to collect intelligence before the Capitol riot, watchdog finds
- Whitney Port, 'Barbie' and the truth about 'too thin'
- Arrest made in death of 1-year-old girl left in hot van outside of Nebraska day care
- Michigan woman had 'no idea' she won $2M from historic Mega Millions jackpot
Recommendation
The FTC says 'gamified' online job scams by WhatsApp and text on the rise. What to know.
Decapitated bodies found in Mexico may be linked to video showing kidnapped youth apparently being forced to kill others
GOT BAG Eco-Friendly Backpacks Will Earn You an A in Sustainable Style
Trader Joe's recalls vegan crackers because they could contain metal
Costco membership growth 'robust,' even amid fee increase: What to know about earnings release
Billy McFarland ridiculed after Fyre Festival II tickets go on sale: What we know
Can we talk Wegmans? Why it's time for a 'chat checkout' lane at grocery stores.
Dentist convicted of killing wife on African safari gets life sentence, $15M in penalties
Like
- South Korea's acting president moves to reassure allies, calm markets after Yoon impeachment
- Poland’s leader says Russia’s moving tactical nuclear weapons to Belarus, shifting regional security
- See the nearly 100-year-old miracle house that survived the Lahaina wildfire and now sits on a block of ash