Sheryl Sandberg is leaving Meta’s board

Sheryl Sandberg is stepping down from Meta’s board after 12 years, ending her last official role with the company. In On Facebook, he said he “felt like this was the right time to step away” and would continue to advise the company.

He spent 14 years as Sandberg Director of Meta and Mark Zuckerberg’s senior lieutenant and 12 years on the company’s board. His tenure as a board member will officially end in May. “After I stepped down from my role as COO, I remained on the board to ensure a successful transition,” he said. “Under Mark’s leadership, Javi Olivan, Justin Osofsky, Nicola Mendelsohn and their teams have proven beyond doubt that the Meta business is strong and well-positioned for the future, so this feels like the right time to step away.”

Meta did not comment on who might take over the board seat. During her time with Meta, Sandberg was known for leading the company’s multibillion-dollar advertising business. According to , his revenue grew 43,000% during his tenure. But his status within the company In recent years, Zuckerberg has embraced the metaverse, which currently has no clear path for the advertising business.

“Your dedication and leadership have been instrumental in driving our success, and I am grateful for your unwavering commitment to me and Meta over the years,” Zuckerberg wrote on Facebook. “Looking forward to this next chapter together!”

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *