Current:Home > NewsIn surprise move, Sheryl Sandberg leaves Facebook after 14 years -Blueprint Money Mastery
In surprise move, Sheryl Sandberg leaves Facebook after 14 years
View
Date:2025-04-17 01:10:33
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! (7761)
Related
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- Margot Robbie and Ryan Gosling's Star-Studded Barbie Trailer Proves Life in Plastic Is Fantastic
- Extreme Heat Is Worse For Low-Income, Nonwhite Americans, A New Study Shows
- See Dua Lipa’s Epic Transformation into a Mermaid for Barbie
- Meet first time Grammy nominee Charley Crockett
- Why Wildfire Is Not Just A Western Problem
- Gerard Piqué Calls Out Shakira Fans Over Social Media Hate
- Helicopter mishap in Syria injures 22 U.S. service members, U.S. military says
- McKinsey to pay $650 million after advising opioid maker on how to 'turbocharge' sales
- How Dwayne Johnson and Auli’i Cravalho Are Returning for Live-Action Moana Remake
Ranking
- Arkansas State Police probe death of woman found after officer
- 4 children who survived 40 days in Colombia jungle reunited with families
- Why Jon Gosselin Has No Fear Reconciling With His 6 Estranged Kids
- The Deadly Heat Wave Is Triggering Dozens Of Wildfires In Western Canada
- Meet first time Grammy nominee Charley Crockett
- Nordstrom Rack Handbag Deals: Save 61% on Kate Spade, Marc Jacobs, Longchamp, Vince Camuto and More
- Megan Fox and Machine Gun Kelly Spotted Together in Hawaii Amid Breakup Rumors
- Researchers use boots, badges and uniform scraps to help identify soldiers killed in World War I
Recommendation
What were Tom Selleck's juicy final 'Blue Bloods' words in Reagan family
Love Is Blind's Bliss Got Into a Fight With Irina Over Grilled Cheese That Didn't Make the Show
How Wynonna Judd Honored Late Mom Naomi at CMT Music Awards 2023
Ben Affleck Serves Up the Laughs While Getting Mistaken for Matt Damon in Dunkin' Commercial
Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
Relive the Kardashian-Jenners' Most Epic Pranks
Wayfair's 5 Days of Deals Is Here! Shop Our Top Affordable Home Picks to Spruce Up Your Space
Cyclone Biparjoy makes landfall in India and Pakistan packing powerful rain and wind after mass-evacuations