Sheryl Sandberg, chief operating officer of meta (formerly Facebook), announced on Wednesday local time that she would resign as chief operating officer of meta. Zuckerberg said that Sandberg's departure was "the end of an era" In 2008, Sandberg joined Facebook and became the second person in the company. This fall, Javier olivan, chief growth officer of meta, will succeed Sandberg as the new coo. However, Sandberg will continue to serve as a director of the company.
Facebook CEO Zuckerberg said that in order to coordinate the adjustment, meta will carry out internal restructuring. He added: "looking into the future, I have no intention of replacing Sandberg's role in the existing architecture. I don't know whether it is possible to replace it, because Sandberg is a superstar and she defines the COO role in a unique way." Zuckerberg continued to emphasize that if it is possible to replace it, it is also because meta has reached a turning point. Products and business groups need to be more closely integrated and cannot separate business, operation functions and products.
Sandberg posted a long article on Facebook
Sandberg said that after she retired as coo, she could pay more attention to her charity work. She also stressed that her resignation was not because the company was facing regulatory pressure, nor was it because the advertising business slowed down.
At this moment, meta is under great pressure, advertising revenue is reduced, and tiktok is coming. "When I joined Facebook in 2008, I just wanted to stay as COO for five years. Now, 14 years later, it's time for me to write the next chapter in my life," Sandberg said