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.
Sandberg joined the company in 2008 and will leave the company this fall, although she will continue to be on Meta's board.
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.” The company has earmarked $10bn for the metaverse over the next year and plans to consistently spend more in coming years, Zuckerberg announced last year. The company is boosting efforts to retain young users – a key advertising demographic that has been leaving Zuckerberg has bet big on his hopes for the “metaverse”, an augmented and virtual reality space where people can interact through avatars in a shared world. The billionaire executive led the company’s advertising business and was responsible for nurturing it from its infancy into a Silicon Valley behemoth. Fourteen years later, it is time for me to write the next chapter of my life,” Sandberg wrote on Facebook.
The high-profile executive who was labelled the “adult in the room” as she mentored Mark Zuckerberg in the early years of Facebook has had a controversial ...
“We’ve been fuelling 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 organising, and hateful conspiracy theories grow and spread,” said Shaunna Thomas, co-founder of UltraViolet, a gender justice advocacy organisation, in an April 22 email calling for Sandberg’s resignation. Sandberg did it, wrote Zuboff, “through the artful manipulation of Facebook’s culture of intimacy and sharing.” 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 organisation of data on social media users’ behaviour and preferences. In more recent years, Sandberg became a polarising 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.
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 ...
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.
“We’ve been fueling this fire for a long time and we shouldn’t be surprised it’s now out of control.” Zuckerberg said this “this role will be different from what Sheryl has done. This turned out to be untrue. “When I took this job in 2008, I hoped I would be in this role for five years. She did not say what she planned to do. Sandberg has served as chief operating officer at the social media giant for 14 years.
Sheryl Sandberg, the longtime Number 2 to founder Mark Zuckerberg at Facebook owner Meta, is stepping down from the technology giant after 14 years as its ...
"Sitting by Mark's side for these 14 years has been the honor and privilege of a lifetime. Fourteen years later, it is time for me to write the next chapter of my life," she wrote on her Facebook and Instagram accounts. Ms Sandberg joined from Google in 2008, four years before Facebook went public.
Sandberg joined Facebook in 2008 and was key to turning it into a social media giant that made almost $120bn in 2021.
She said that she made the decision to leave the company last weekend and told Zuckerberg of her plans then. Sandberg is departing as Meta shifts its focus to products that enable the virtual reality-driven metaverse, which require a significant evolution of its business model. Over the years, Sandberg has made fewer public appearances on behalf of the company, primarily speaking about Meta’s efforts for small businesses, and focusing on the Lean In organization. She also plans to work on advocacy for women’s issues — a focus of her Lean In foundation — and other philanthropy. Sandberg joined Facebook in 2008 and was key to turning it into a social media giant that generated almost $120 billion in revenue last year. Formerly at Google, Sandberg joined the then-fledgling Facebook to oversee all its business functions — ads, partnerships, business development and operations — so that Zuckerberg could focus on products.
The chief operating officer saw Facebook through multiple controversies and turned into the profitable juggernaut it is today.
“This is the end of an era – and probably a good reason why Sheryl decided this was time to leave. That shift comes as Meta makes an even broader pivot away from the social media business and into the virtual reality space. Under Sandberg’s watch, Meta platforms became “a right-wing playground where misogyny, racism, disinformation” proliferated, said Shaunna Thomas, co-founder of women’s rights group UltraViolet.
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.
Ms Sandberg became a polarising figure amid revelations of how some of her business decisions helped propagate misinformation and hate speech.
Her public-speaking expertise, her seemingly effortless ability to bridge the worlds of tech, business and politics served as a sharp contrast to Mr Zuckerberg, especially in Facebook’s early years. Neither Ms Sandberg nor Mr Zuckerberg gave any indication that Ms Sandberg’s resignation was not her decision. Fourteen years later, it is time for me to write the next chapter of my life,” Ms Sandberg wrote on her Facebook page on Wednesday.
The chief operating officer of Meta told Forbes she wants “more control over what I do with my own time on a daily basis,” and will focus on philanthropic ...
Meta launched a review of Sandberg’s actions to investigate whether she violated corporate protocols, sources close to Sandberg told the Journal, but in a statement to the Journal, a Meta spokesperson said Sandberg didn’t use her influence at the company to pressure the Daily Mail. Zuckerberg said Wednesday that Sandberg met him when he was 23 and “barely knew anything running a company,” adding the outgoing Meta COO “architected our ads business, hired great people, forged our management culture, and taught me how to run a company.” Sandberg has also been a vocal advocate for women, including through her 2013 book Lean In, in which she encourages women to advocate for themselves at work and at home. Sandberg came to Meta—which was previously known as Facebook—in March 2008, after working for Google and the Clinton-era Treasury Department. Over the last 14 years, she has helped grow the company into one of the tech industry’s most influential players.
Sandberg will remain on the company's board of directors while transitioning out of the role this fall.
It was reported that the company’s ‘Metaverse’ division had already reported a $3 billion loss in the first quarter of 2022 alone, with more losses expected while the company works out how best to gain usership and make Zuckerberg’s vision a reality. A report from May 2022 produced by non-profit advocacy group Sum of Us states that users have already experienced racist language, inadequate reporting measures and concern for the general toxicity of the platform. Fourteen years later, it is time for me to write the next chapter of my life,” Sandberg wrote in a Facebook post. I’m not sure that would be possible since she’s a superstar who defined the COO role in her own unique way.” After 14 years with Facebook parent company Meta, it has been announced that COO Sheryl Sandberg is leaving the company effective this fall. But I know it will include focusing more on my foundation and philanthropic work, which is more important to me than ever given how critical this moment is for women.”
The executive, who turned Facebook into a profitable business, leaves behind a series of controversies.
The end of her tenure at Facebook and Meta marks the end of one of the most notable trajectories in the tech industry. As cracks started to show in Sandberg’s relationship with Zuckerberg during the Trump administration, the CEO reportedly became more involved in policy decisions. “Sheryl has had quite a run over those 14 years, from some really high highs to some incredible lows,” said one former Facebook executive who spoke on the condition of anonymity. Over the years, however, Facebook grew into an increasingly political platform, and Sandberg started to attract public criticism for her role in managing the company’s policies. Zuckerberg reportedly blamed Sandberg and her team for the fallout, calling the media reaction “hysteria,” according to the Wall Street Journal, and hired Clegg around that time. Still, the immediate reception of Sandberg’s book was largely positive: Her book sold over 4 million copies and was a New York Times bestseller for over a year. Sandberg applied Google’s model of organizing the sales organization into teams that focused on attracting large, medium, and small-sized advertisers (when she joined, Facebook’s only ad partner was Microsoft). One year into her tenure, Facebook became a profitable company for the first time, and she continued to develop Facebook’s ads that targeted users based on their social activity. But she also helped the company grow from a dorm room experiment to one of the biggest, most influential tech companies on the planet. Sandberg’s brand of corporate feminism also attracted some critics who viewed it as placing too much pressure on individual women to improve their personal careers, without giving as much attention to addressing the structural issues causing sexism in the first place. “She deserves the credit for so much of what Meta is today.” It was her long list of duties at the company that allowed Zuckerberg to focus on what he liked best: building products. Her influence at the company was reportedly waning and, at times, she was left publicly apologizing for problems that, ultimately, only her boss, Mark Zuckerberg, had the final authority to fix.
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.
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.
For shareholders, Sandberg was a superstar. Unfortunately, that wealth came at great cost to our society, writes Roger McNamee.
The harm caused by Facebook—and her decision not to prevent or mitigate it—may be the aspect of Sheryl Sandberg’s legacy that will be reverberate longest. The damage to public health, democracy, the right to self-determination, and competition by Facebook is arguably the worst by any corporation in a century or more. Criticism of Facebook has grown steadily since the Cambridge Analytica scandal broke in March 2018, but the company has flexed its political muscle to prevent meaningful regulation by governments. In 2016, for example, few observers expressed concern about the use of Facebook Groups to spread hate speech against Hillary Clinton or the role that Facebook played in the UK’s Brexit referendum. Under Sandberg’s guidance, Facebook used its wealth to influence not only politicians, but also academic departments, think tanks, and NGOs, ensuring that its interests would be well represented in any conversation about the future of the tech industry. A year later she moved to Silicon Valley in search of the next step in her career.
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.
The high-profile executive's decision to leave Meta is also a moment to reflect on the impact of her best-selling book and philosophy about success in the ...
In fact, weeks later, a recording obtained by The Verge revealed that a Meta executive had told employees not to talk about abortion on the company’s internal platform, called Workplace, because of the topic’s divisive nature. To Ms. Sklar, some of the criticism aimed at Ms. Sandberg since her book’s publication has felt excessive. “It became a shorthand for a problem that had previously been known about and not named.” In 2018, she was faulted for some of the fallout from the data breach scandal involving Cambridge Analytica. On top of that has come research indicating that Instagram, which Meta owns, has had toxic effects on the mental health of teenage girls. When “Lean In” came out in 2013, landing on the best-seller list and propelling Ms. Sandberg onto the covers of Time and Fortune, just 4 percent of the chief executives at Fortune 500 companies were women. And Ms. Sandberg’s departure, for all those readers, is a moment to reflect on how “Lean In” shaped their careers. It was a fundamental reflection of the problem. The Lean In foundation supported the creation of thousands of Lean In circles where women, especially those at the start of their careers, turned to Ms. Sandberg’s advice as a guide. For many women “Lean In” has been a bible, a road map to corporate life. She has also soured on the Lean In philosophy that taught her that a little grit was all she needed for career success. On Wednesday, Ms. Sandberg announced that she was leaving her position as chief operating officer of Facebook’s parent company, Meta — the perch that made her one of the highest-profile women in American business. “It gave me this boost of courage,” said Ms. Bailey, 46, who lives in Green Bay, Wis., referring to Ms. Sandberg’s book.
Sheryl Sandberg is stepping down as chief operating officer of Meta Platforms (FB), formerly Facebook, as announced on June 1, 2022.
Sandberg is author or co-author of several books including the New York Times bestselling book about women in the workplace Lean In. Sandberg also is the founder of the Sheryl Sandberg & Dave Goldberg Family Foundation, a nonprofit "that works to build a more equal and resilient world." He says that "she deserves the credit for so much of what Meta is today." While he believed that the Facebook website was a great product, the company was not profitable business and was "struggling to transition from a small startup to a real organization." However, she will remain a member of Meta's board of directors.1 Javier Olivan, currently chief growth officer, will be the new COO, and will act as a more traditional COO than Sandberg, who had become CEO Mark Zuckerberg's top lieutenant and strategic business advisor. Sheryl Sandberg is stepping down as chief operating officer (COO) of Meta Platforms, Inc. ( FB). The company, formerly known as Facebook, announced her departure in a press release on June 1, 2022.
The social media titan has transformed in recent years into a slick political operation focused on crisis management — a far cry from the nominally apolitical, ...
In that CNBC op-ed, Clegg said he made progress in the U.K. because he brought together center-left and center-right politicians. Zuckerberg brought in Joel Kaplan, Facebook’s vice president of global public policy, in 2011 — sparking years of criticism that he has outsized control over the company’s content moderation decisions and is sympathetic to conservative figures. That leaves Clegg as the crisis manager for Facebook’s knottiest issues about misinformation and hate speech. She oversaw the auditing process, which was led by civil rights attorney Laura Murphy, and committed to making the platform safer for people of color in its aftermath. In recent years, Facebook has assumed more responsibility over the content circulating on its platform. The former U.K. politician has insisted that Facebook is open to regulation while declining to apologize for the company’s conduct. Sandberg sat down with civil rights group Color of Change after the Definers incident and pledged that Facebook would conduct a civil rights audit. Sandberg has been sidelined from the company’s lobbying and public relations work since soon after the 2016 presidential election when Congress zeroed in on Facebook’s role in providing a platform to Russian misinformation. He dined with then-President Donald Trump at the White House and hosted dinner with high-profile conservative figures such as Fox News host Tucker Carlson — drawing criticism that he was aligning himself with the right. “I’m an outsider to both Silicon Valley and Washington,” Clegg wrote in CNBC op-ed last year, saying that makes him the person who can broker compromises between Republicans and Democrats over tech regulation. “Things really started to turn” for Facebook in 2016, she added. He has served as a de facto messenger-in-chief, defending the company’s political reputation in interviews, blog posts and conversations with policymakers.