She’s logging out…
A shocking announcement Wednesday by Meta’s second most powerful executive Sheryl Sandberg that she will leave after a 14-year tenure that included helping steer scandal-prone Facebook to advertising dominance.
52-year-old Sandberg has been one of the most influential women in Silicon Valley and her departure comes as the social media juggernaut faces an uncertain future and fierce competition.
Sandberg will be replaced by Javier Olivan, the company’s chief growth officer.
Sandberg will continue to serve on Meta’s board of directors. She will step down in the fall but remain a member of the company’s board of directors.
More details of this story from a CNBC report:
Sheryl Sandberg is stepping down from her role as Chief Operating Officer at Meta, the company formerly known as Facebook.
Sandberg joined Facebook in early 2008 as the No. 2 to Facebook CEO and co-founder Mark Zuckerberg, and helped turn Facebook into an advertising juggernaut and one of the most powerful companies in the tech industry, with a market cap that topped $1 trillion at one point.
Javier Olivan, the company’s chief growth officer, will take over as COO this fall. Sandberg, who informed Zuckerberg of her decision this past weekend, will continue to serve on Meta’s board of directors.
“Over the next few months, Mark and I will transition my direct reports,” Sandberg said in a lengthy Facebook post discussing stepping down. Meta is also planning an internal reorganization to go along with the change, Zuckerberg said.
The Gateway Pundit recalled Sandberg’s past as Meta’s COO:
Recall, FOX News host Dana Perino grilled Sheryl Sandberg in April 2018 in her first interview since the Cambridge Analytica scandal broke earlier that year.
During the interview, Perino grilled Sandberg on Facebook’s assault on conservative publishers.
Since the 2016 election Facebook has targeted conservative publishers and censored conservative voices on its platform.
All of the top conservative publishers have seen their Facebook traffic suffer.
The Gateway Pundit was hit the hardest of all the top conservative websites by Facebook.
Sandberg defended Facebook’s censorship of conservative publishers and said the company wants people to have a “good psychological experience.”