Current:Home > StocksIn surprise move, Sheryl Sandberg leaves Facebook after 14 years -WealthSpot
In surprise move, Sheryl Sandberg leaves Facebook after 14 years
View
Date:2025-04-17 13:47:29
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! (56482)
Related
- Nearly half of US teens are online ‘constantly,’ Pew report finds
- Caitlin Clark back in action: How to watch Indiana Fever vs. Washington Mystics Wednesday
- Judge cites ‘hyper-religious’ belief in ruling man incompetent for trial in Minnesota killings
- Fort Campbell soldier found dead in home was stabbed nearly 70 times, autopsy shows
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Amazon offering $20 credit to some customers before Prime Day. Here's how to get it.
- You'll L.O.V.E Ashlee Simpson's Family Vacation Photos With Evan Ross and Their Kids
- Judge cites ‘hyper-religious’ belief in ruling man incompetent for trial in Minnesota killings
- Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
- The Best Deals From Target's Circle Week Sale -- Save Big on Dyson, Apple, Ninja & More
Ranking
- Federal appeals court upholds $14.25 million fine against Exxon for pollution in Texas
- NATO allies call China a ‘decisive enabler’ of Russia’s war in Ukraine
- More details released in autopsy for gunman who shot and killed four officers in Charlotte
- NYPD officer dies following medical episode at Bronx training facility
- Pregnant Kylie Kelce Shares Hilarious Question Her Daughter Asked Jason Kelce Amid Rising Fame
- Whataburger outage map? Texans use burger chain's app for power updates after Beryl
- BMW recalling more than 390,000 vehicles due to airbag inflator issue
- Why Below Deck Guest Trishelle Cannatella Is Not Ashamed of Her Nude Playboy Pics
Recommendation
Nearly half of US teens are online ‘constantly,’ Pew report finds
Cavers exploring in western Virginia rescue ‘miracle’ dog found 40 to 50 feet down in cave
Dutch name convicted rapist to Olympic beach volleyball team; IOC says it had no role
BMW recalling more than 390,000 vehicles due to airbag inflator issue
Trump suggestion that Egypt, Jordan absorb Palestinians from Gaza draws rejections, confusion
Wrongful death lawsuit against West Virginia state troopers settled in Maryland man’s death
Jimmy Kimmel hosts new 'Who Wants to Be a Millionaire' season: Premiere date, time, where to watch
Save Big on the Cutest Kate Spade Bags You'll Wear Every Day, Including $71 Crossbodies in so Many Colors