Sheryl Sandberg is stepping down as the chief operating officer of Facebook’s parent company Meta after 14 years, a major shake-up in which chief executive Mark Zuckerberg will lose one of his closest lieutenants.
Sandberg, one of the company’s most high-profile executives, will leave the business “in the fall” after a transition period, while remaining on Meta’s board, she said.
In a post on her Facebook page on Wednesday, Sandberg did not outline her reasons for quitting the company, which she helped grow from a start-up with no revenue into a digital advertising behemoth. She said she was “not entirely sure what the future will bring” but wished to focus more on her philanthropic endeavours.
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