Menu

Search

  |   Business

Menu

  |   Business

Search

Meta Platform’s COO Sheryl Sandberg Confirms Her Departure from Company Board

Meta's former COO is leaving the board as well after 12 years to focus on philanthrophic works.

Meta Platforms' former chief operating officer, Sheryl Sandberg, announced on Facebook that she is leaving the company's board of directors. The 54-year-old executive said she had already informed the board that she would not stand for reelection this May.

One of Meta's Pillars

Axios reported that Sandberg will become an informal adviser to Meta once she exits. Her departure from the executive committee matters because she joined the company under the Facebook banner when it started. She helped turn it into one of the world's most prominent and influential companies.

Sandberg also gave up her chief operating officer role at Meta Platforms in September 2022. With that, she ended her senior executive post after 14 years of helping lead the firm. She has been a member of the board for the last 12 years.

"With a heart filled with gratitude and a mind filled with memories, I let the Meta board know that I will not stand for reelection this May," Sandberg wrote in a post on Facebook on Thursday, Jan. 18. "Going forward, I will serve as an advisor to the company, and I will always be there to help the Meta teams."

She also expressed gratefulness to her co-workers by saying, "I will always be grateful to my colleagues and teammates at Meta for all the years of working side by side and all they taught me, and I am particularly grateful to my fellow Meta board members for their lasting friendships, the guidance they provided me for so many years, and their stewardship of products that mean so much to people all over the world."

Future Plans

Finally, CNN Business reported that Sandberg will focus more on philanthropic works once she formally steps down from the board at the end of her term in May. She is involved in charitable organizations that mainly support women so they can achieve their goals across the workplace and corporate world.

Photo by: Dima Solomin/Unsplash

  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.