9 days ago | By Engadget
It's the end of an era at the company formerly known as Facebook. Sheryl Sandberg has officially stepped down as Chief Operating Officer on August 1st, as revealed by a SEC filing noticed by TechCrunch. In the filing, Meta said Javier Olivan is now the company's COO and that Sandberg will only remain an employe until September 30th. After that and going forward, Sandberg will serve as a member of Meta's Board and will receive compensation as a non-employee director. Sandberg first announced that she was leaving her role as COO of Meta after 14 years in early June. Mark Zuckerberg revealed...
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9 days ago | By TechCrunch
We knew it was happening, but Meta has confirmed that its long-standing chief operating officer Sheryl Sandberg has departed from her role as of yesterday .
News emerged on June 1 that Sandberg would be stepping down after more than 14 years in position and would be replaced by chief growth officer Javier Olivan, though no specific date was given. But in a SEC filing yesterday , Meta revealed the transition is now complete. Moving forward, Sandberg will remain a Meta employee through September 30, 2022, after which she will continue purely as a board member.
Meta struggles
The switch comes...
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