Sheryl Sandberg will step down as CEO of Facebook parent Meta.

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 Sheryl Sandberg is stepping down as a chief operating officer of Facebook parent Meta, the company confirmed on Wednesday.




 

In a Facebook post, Sandberg did not give a reason for leaving the company, which will be in the fall. Sandberg said he plans to move forward and focus on his philanthropy. He worked for the company for 14 years.

“The debate around social media has been unrecognizable since those early days. It’s not always easy to say,” Sandberg wrote. “But it must be difficult. The products we make have a huge impact, so we have a responsibility to make them in a way that protects privacy and keeps people safe.”


 

In his post, Facebook co-founder Mark Zuckerberg thanked Sandberg and said he did not intend to replace him, adding that there was no longer any organizational separation between Meta products and business teams. Does not mean


 

“I think Meta has reached a point where it makes sense for our product and business groups to be more closely linked, rather than having to manage all business and operations separately from our products,” he said. Be done. “

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Zuckerberg added: “I was only 23 years old when Sheryl joined me in 2008 and I knew very little about running a company. We struggled to move from a small startup to a real organization. Sheryl built our advertising business, hired great people, falsified our management culture, and taught me how to run a company. It created opportunities for millions of people around the world, and Meta deserves credit for what it is today. “


 


 

 




 

JULY VOUCHER
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