Sheryl Sandberg Quits Meta After 14 Years
Sheryl Sandberg has stepped down as Facebook/Meta COO after 14 years in the role.
Sandberg announced her resignation on Facebook, explaining that she will stay on the board of directors.
She will transition out of the role, leaving in the third quarter of the year.
“When I took this job in 2008, I hoped I would be in this role for five years,” she wrote.
“Fourteen years later, it is time for me to write the next chapter of my life. I am not entirely sure what the future will bring – I have learned no one ever is. But I know it will include focusing more on my foundation and philanthropic work, which is more important to me than ever given how critical this moment is for women.”
Mark Zuckerberg wrote a lengthy post on Facebook regarding Sandberg’s resignation.
“When Sheryl joined me in 2008, I was only 23 years old and I barely knew anything about running a company. We’d built a great product — the Facebook website — but we didn’t yet have a profitable business and we were struggling to transition from a small startup to a real organization. Sheryl architected our ads business, hired great people, forged our management culture, and taught me how to run a company. She created opportunities for millions of people around the world, and she deserves the credit for so much of what Meta is today.
“It’s unusual for a business partnership like ours to last so long. I think ours did because Sheryl is such an amazing person, leader, partner, and friend. She cares deeply about the people in her life and she is generous about nurturing relationships and helping you grow as a person. She has taught me so much and she has been there for many of the important moments in my life, both personally and professionally. Whether going through the different transitions we’ve made as a company over the years, or when she supported me and Priscilla as we navigated challenges having children, our partnership has always been deeper than just business.
“I’m going to miss running this company with Sheryl. But I’m glad that she’ll continue to serve on our board of directors so we can benefit from her wisdom and experience even after she transitions out of her day-to-day management role in the coming months.”
Zuckerberg added he has no plans to replace Sandberg’s “role in our existing structure”.