The longtime chief operating officer of Facebook's parent company, Ms. Sandberg said it was “time for her to write the next chapter of my life.”
In the interview, Ms. Sandberg said Meta faced near-term challenges but would weather the storm as it had during past challenges. As a key lieutenant to Mr. Zuckerberg, Ms. Sandberg helped build up Facebook’s business in the company’s early years and was regarded as the adult in the room. In 2016, she told colleagues that if Hillary Clinton, the Democratic presidential nominee, won the White House she would most likely assume a job in Washington, three people who spoke to her about the move at the time said. Ms. Sandberg was responsible for the policy and security team at the company during that election. “It’s unusual for a business partnership like ours to last so long,” he wrote. But as the company has been spending heavily on metaverse products, its advertising business has stumbled, partly because of privacy changes made by Apple that have hurt targeted advertising. Ms. Sandberg, 52, said she was leaving Meta — which owns Facebook, Instagram, WhatsApp and other apps — this fall and that she planned to continue serving on the company’s board of directors. Ms. Sandberg, who was one of Facebook’s most visible executives, was unable to recover from those stumbles. Last year, Mr. Zuckerberg renamed the company Meta and announced it would become a key provider of the metaverse, an immersive online world. Facebook’s advertising business flourished under her, and Ms. Sandberg used her corporate fame to speak up on other issues, such as what women could achieve in the workplace. “I believe in this company,” Ms. Sandberg said in the interview. Mr. Zuckerberg named Javier Olivan, a longtime product executive, as Meta’s next chief operating officer.
Meta chief operating officer Sheryl Sandberg is stepping down. Sandberg has been COO of Meta, previously called Facebook, for 14 years.
Sandberg joined the company in 2008 to help the then-23-year-old Zuckerberg navigate the path to an IPO and build an ads business, which she has led since. His current chief growth officer Javier Olivan, already one of the company’s most powerful but lesser-known executives, will take over as COO in what Zuckerberg says is a “more traditional” COO role. Sandberg will leave her post as the company’s No. 2 leader in the fall after spending the next few months working with founder and CEO Mark Zuckerberg to transition her direct reports.
Javier Olivan, Meta's vice president of central products, will take over the COO role. Sandberg, a former Google executive who helped optimize that company's ad ...
The organization focuses its work on empowering women in the workplace as well as helping individuals and communities build resilience. The products we make have a huge impact, so we have the responsibility to build them in a way that protects privacy and keeps people safe." She will continue to serve on the board of directors.
Sandberg will stay on the board of Meta, according to the company. Javier Olivan, another executive at the company, will takeover as chief operating officer ...
You may click on “Your Choices” below to learn about and use cookie management tools to limit use of cookies when you visit NPR’s sites. If you click “Agree and Continue” below, you acknowledge that your cookie choices in those tools will be respected and that you otherwise agree to the use of cookies on NPR’s sites. NPR’s sites use cookies, similar tracking and storage technologies, and information about the device you use to access our sites (together, “cookies”) to enhance your viewing, listening and user experience, personalize content, personalize messages from NPR’s sponsors, provide social media features, and analyze NPR’s traffic.
Sheryl Sandberg is stepping down as chief operating officer of Facebook-parent Meta, the company confirmed on Wednesday.
To help manage the public policy part of Facebook's business, the company hired Nick Clegg as head of global affairs in 2018. That reputation was burnished by her work launching the Lean In movement, offering a plan for how women can succeed and achieve their goals. "When Sheryl joined me in 2008, I was only 23 years old and I barely knew anything about running a company," Zuckerberg said in his post. "Sheryl architected our ads business, hired great people, forged our management culture, and taught me how to run a company. Sandberg was already a high-profile figure in the tech industry when she joined Facebook, having been Google's vice president of global online sales and operations. Sandberg said she planned to focus on her philanthropic work going forward.
Facebook chief operating officer Sheryl Sandberg is leaving the company this fall, she announced Wednesday in a post on the social media site.
The chief operating officer of Meta, Facebook's parent company, is leaving the company after 14 years.
She has taught me so much and she has been there for many of the important moments in my life, both personally and professionally. She cares deeply about the people in her life and she is generous about nurturing relationships and helping you grow as a person. Sandberg thanked Zuckerberg, whom she called a “true visionary and a caring leader,” for bringing her on to the company more than a decade ago. Facebook said Sandberg would focus on her family and philanthropic work in the near future. With Sandberg’s high-profile role alongside Zuckerberg, she was a familiar face as the company faced a deluge of scandals, from data privacy issues to its failure to stop the spread of misinformation and harmful posts. After she informed Zuckerberg of her decision this weekend, the company said, the two began working on a transition plan.
Sheryl Sandberg, the No. 2 executive at Facebook owner Meta, is stepping down, according to a post Wednesday on her Facebook page.
“We’ve been fueling this fire for a long time and we shouldn’t be surprised it’s now out of control.” “Sandberg may fancy herself a feminist, but under her leadership Facebook has become a right-wing playground where misogyny, racism, disinformation, violent organizing, and hateful conspiracy theories grow and spread,” said Shaunna Thomas, co-founder of UltraViolet, a gender justice advocacy organization, in an April 22 email calling for Sandberg’s resignation. The author of “The Age of Surveillance Capitalism,” Shoshana Zuboff, said Sandberg is as responsible as anyone for what Zuboff considers one of Big Tech’s most insidious invention: the collection and organization of data on social media users’ behavior and preferences. Sandberg did it, wrote Zuboff, “through the artful manipulation of Facebook’s culture of intimacy and sharing.” In more recent years, Sandberg became a polarizing figure amid revelations of how some of her business decisions for Facebook helped propagate misinformation and hate speech. Fourteen years later, it is time for me to write the next chapter of my life,” Sandberg wrote on her Facebook page Wednesday.
Sheryl Sandberg announced today on Facebook that she is leaving Meta after more than a decade as the company's chief operating officer. Sandberg joined Meta ...
You can select 'Manage settings' for more information and to manage your choices. You can change your choices at any time by visiting Your Privacy Controls. Find out more about how we use your information in our Privacy Policy and Cookie Policy. Click here to find out more about our partners. - Information about your device and internet connection, including your IP address
Sheryl Sandberg, one of Silicon Valley's most prominent executives who helped build Facebook into a global tech juggernaut, is stepping down as chief ...
Sandberg arrived at Facebook after years of working as a manager in advertising at Google. The firm would later assist the 2016 presidential campaign of Donald Trump. Fourteen years later, it is time for me to write the next chapter of my life," Sandberg wrote. Javier Olivan, another executive at the company, will takeover as chief operating officer when Sandberg departs the role this fall. Earlier this year, Kotick announced he was stepping down from Activision Blizzard amid a sexual harassment scandal. Zuckerberg once said she "handles things I don't want to," he told the New Yorker in 2011.
SAN FRANCISCO (AP) — Sheryl Sandberg, the No. 2 executive at Facebook owner Meta, is stepping down, according to a post Wednesday on her Facebook page.
She did not say what she planned to do. “When I took this job in 2008, I hoped I would be in this role for five years. Sandberg has served as chief operating officer at the social media giant for 14 years.
Sandberg will stay on the board of Meta, according to the company. Javier Olivan, another executive at the company, will takeover as chief operating officer ...
Sandberg arrived at Facebook after years of working as a manager in advertising at Google. The firm would later assist the 2016 presidential campaign of Donald Trump. Fourteen years later, it is time for me to write the next chapter of my life," Sandberg wrote. Javier Olivan, another executive at the company, will takeover as chief operating officer when Sandberg departs the role this fall. Earlier this year, Kotick announced he was stepping down from Activision Blizzard amid a sexual harassment scandal. Zuckerberg once said she "handles things I don't want to," he told the New Yorker in 2011.
The longtime social media executive said she plans to focus on her philanthropic efforts and her family, including her children and upcoming marriage to ...
Sandberg joined Facebook in early 2008 as the No. 2 to Facebook CEO and co-founder Mark Zuckerberg.
Javier Olivan, the company's chief growth officer, will take over as COO this fall. In 2015, she was faced with the unexpected death of her husband Dave Goldberg, who suffered cardiac arrhythmia and collapsed on a treadmill. The move is not because of the company's regulatory overhang or its current advertising slowdown, she said.
With that the chief operating officer of Meta, the social network's parent company, announced her resignation. The year she joined Facebook made $272m in ...
He is the only founder still calling the shots at one of America’s tech giants. The exit of Mr Zuckerberg’s adult supervisor seems to alarm investors. One of her books, “Lean In”, became synonymous with female empowerment in the boardroom. Ms Sandberg flourished in the role. But over the past few years speculation grew that the relationship was fraying. “When I took this job in 2008, I hoped I would be in this role for five years,” wrote Sheryl Sandberg on her Facebook page on June 1st.
For years, Facebook Chief Operating Officer Sheryl Sandberg encouraged women to climb the corporate ladder by promoting themselves in the workplace and asking for more help from their spouses at home. Now, her departure from Facebook as one of the ...
In fact, I think that the impact that she can have on more companies and more organizations now will be what’s going to be the most profound and exciting thing.” “But I also think it’s very clear that the ability to lean in is a privilege largely held by White women, and the discussion leaves behind women who don’t have money or connections or support.” But Sandberg’s ideas quickly faced criticism for failing to take into account the additional barriers faced by women of color and those who don’t work in corporate environments. Later, she started the Lean In foundation, which helps organize networking groups for women to support one another in their careers. She argued, among other things, that women often held themselves back by not taking credit for their own wins or not seeking out more ambitious opportunities out of fear they wouldn’t be able to manage the demands of their home lives. “And no one gets the promotion if they don’t think they deserve their success.” Sandberg, who has positioned herself as a champion of women in the workplace, said she would be leaving Facebook to spend more time with her family and on her philanthropic work. Her advice to women who wanted to ascend higher in their careers was simply to “lean in,” or be more assertive at their jobs, which became a cultural phenomenon. In 2021, 26 percent of all CEOs and managing directors were women, up from 15 percent in 2019, according to a report by the women’s advocacy group Catalyst. And female workers, especially in racial minorities, were often overrepresented in careers that were hit hard by the pandemic. The movement to get more women into better roles in corporate America has stalled in recent years. “I’d like to think the career I’ve had and the career of other female leaders inspires women to know that they can lead,” she said in an interview with The Washington Post. “If you were growing up 100 years ago, you wouldn’t have known a single woman in business.
Updated June 1, 2022 at 10:58 PM ET. Sheryl Sandberg, one of Silicon Valley's most prominent executives who helped establish Facebook as a global tech ...
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. Sandberg arrived at Facebook after years of working as a manager in advertising at Google. Facebook reviewed whether Sandberg's actions violated company rules, but the findings have not been made public. After her husband Dave Goldberg died suddenly in 2015, she wrote another book on how to navigate grief called "Option B." Sandberg will stay on Meta's board of directors, according to the company. Fourteen years later, it is time for me to write the next chapter of my life," Sandberg wrote.
Sandberg transformed digital advertising and was a voice on big issues, but she also denied problems and deflected blame.
When a menu pops up, select “Forward Message.” Enter 7726 in the recipient field and hit send. Google and Facebook transformed product marketing from largely an art to a sometimes creepy science, and Sandberg is among the architects of that change. In the recipient field, enter 7726 and hit send. Tech journalists and others who pay close attention to Facebook regularly asked in recent years why Sandberg chose to stay at the company. Some rioters used Facebook to openly discuss the logistics of the attack ahead of time. That will help the carriers learn what phone numbers and language are being used in spam texts. Will it make children safer in schools if more of them bring phones to classrooms? The texts might be shipping notices about a package that you didn’t order, or pitches for questionable health products like weight-loss pills. But Facebook wouldn’t be what it is today — both good and bad — without the partnership between Sandberg and Mark Zuckerberg. Her writing and advocacy about women in the workplace and grief gave Sandberg influence on topics that few other American executives touched. All the anxiety today about apps snooping on people to glean every morsel of activity to better pitch us dishwashers — that’s partly Sandberg’s doing. Sandberg is not the founder of Facebook, of course.
The outgoing Meta chief operating officer has been one of its biggest cheerleaders for more than a decade, standing with it through multiple scandals.
From 2013 through 2019, LeanIn and OptionB received $32 million from Sandberg via The Sheryl Sandberg and Dave Goldberg Family Foundation, per a Forbes analysis of public filings. She also owns nearly 8.9 million shares of Momentive Global, parent company of SurveyMonkey, where her late husband, Dave Goldberg (d. 2015), was the CEO. Sandberg gave away 4.9 million shares, including 2.8 million directed to her donor-advised funds and 2.1 million that were irrevocable transfers to trusts for beneficiaries, the spokesperson said. In total, Sandberg has sold more than $1.8 billion worth of Meta stock to date, according to FactSet based on public filings. But the Meta executive, who announced Wednesday she will be stepping down from her long-time position this fall, has also been aggressively unloading her stake in the company since it went public in 2012. Sheryl Sandberg has been one of Facebook’s biggest cheerleaders for more than a decade.
As second-in-command to Facebook cofounder Mark Zuckerberg, she oversaw the massive growth of its core advertising business while positioning herself as an icon ...
But it remains to be seen whether Sandberg will find her way to the CEO role at another large tech or media company as she once seemed destined to do. In her announcement this week, Sandberg said she is "not entirely sure what the future will bring." "With more of Sheryl's insights and energy, we'll be able to do more, more quickly, and that's exciting." At the same time, Sandberg arguably remained constrained in speaking out publicly on certain issues due to her leadership role at the company. To help manage the public policy part of Facebook's business, the company hired Nick Clegg as head of global affairs in 2018. "I and the dedicated people of Meta have felt our responsibilities deeply," she added. (Sandberg spoke candidly in public about helping people talk about grief, even at work.) She also is seen as a major force behind Facebook's decision to create a Civil Rights team. Sandberg presided over the company as it grew from roughly $150 million in annual revenue to $117.9 billion last year. Her book, "Lean In," was released five years later, and it launched a movement of the same name to inspire a generation of women to speak up in the workplace and beyond. "Sandberg had the power to take action for fourteen years, yet consistently chose not to." Now, Sandberg is set to step down as COO this fall after a dizzying 14-year-run, with plans to focus on philanthropic efforts while remaining on the company's board. During that time, Sandberg and Zuckerberg were each called to testify before Congress and issued a number of public apologies.
Over the past decade, Sandberg has sold over 75% of her shares through regularly scheduled share sale programs.
Sandberg has also gifted some of the proceeds of her sales to charity. Over the past decade, Sandberg has sold over 75% of her after-tax shares through regularly scheduled share sale programs, according to research firms that track the sales. She still owns nearly 1.5 million shares, with a current market value of about $290 million, in a revocable trust. Despite her billionaire status, Sandberg hasn't shown the penchant for yachts, private jets and beach homes shown by other tech tycoons. Sandberg cashed out shares at a wide range of prices as Facebook shares soared. A spokesperson for Sandberg said she acquired 48 million restricted stock units, options and shares during her time at the company.