Current:Home > reviewsIn surprise move, Sheryl Sandberg leaves Facebook after 14 years -Wealth Momentum Network
In surprise move, Sheryl Sandberg leaves Facebook after 14 years
View
Date:2025-04-17 05:36:59
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! (3861)
Related
- What to know about Tuesday’s US House primaries to replace Matt Gaetz and Mike Waltz
- 'Lolita the whale' made famous by her five decades in captivity, dies before being freed
- Mississippi grand jury cites shoddy investigations by police department at center of mistrial
- Rep. Ocasio-Cortez calls on US to declassify documents on Chile’s 1973 coup
- Taylor Swift makes surprise visit to Kansas City children’s hospital
- Ukraine claims it has retaken key village from Russians as counteroffensive grinds on
- Largest scratch off prize winner in Massachusetts Lottery history wins $25 million
- Human trafficking: A network of crime hidden across a vast American landscape
- Finally, good retirement news! Southwest pilots' plan is a bright spot, experts say
- Leading politician says victory for Niger’s coup leaders would be ‘the end of democracy’ in Africa
Ranking
- Senate begins final push to expand Social Security benefits for millions of people
- The Bachelor Host Jesse Palmer Expecting First Baby With Pregnant Wife Emely Fardo
- Taekwondo athletes appear to be North Korea’s first delegation to travel since border closed in 2020
- Metals, government debt, and a climate lawsuit
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- Khadijah Haqq and Bobby McCray Break Up After 13 Years of Marriage
- Luann and Sonja's Crappie Lake Variety Show Is Off to a Very Rocky Start in Hilarious Preview
- Mortgage rates continue to climb — and could reach 8% soon
Recommendation
Who's hosting 'Saturday Night Live' tonight? Musical guest, how to watch Dec. 14 episode
'Give yourself grace': Camp Fire survivors offer advice to people in Maui
Local governments are spending billions of pandemic relief funds, but some report few specifics
Historic heat wave in Pacific Northwest may have killed 3 this week
Jamie Foxx reps say actor was hit in face by a glass at birthday dinner, needed stitches
Chikungunya virus surges in South America. But a new discovery could help outfox it
Dr. Nathaniel Horn, the husband of US Rep. Robin Kelly, has died at 68
Idina Menzel is done apologizing for her emotions on new album: 'This is very much who I am'