San Francisco: Sheryl Sandberg, Chief Operating Officer (COO) of Facebook-owned company Meta, which is owned by the social networking platform Facebook, has announced that she will step down. Sandberg, who was instrumental in transforming Facebook from a startup to a leader in the digital space, announced she would step down on Wednesday after holding the position for 14 years. She said on his Facebook page that now the time has come for a new chapter of life.
She joined the company in 2008, four years before Facebook went public. During this long tenure, Sandberg handled Facebook’s digital advertising business very well. He is considered to be instrumental in turning Facebook into a $100 billion business. For this reason, Sandberg has been the second most important place in the company after Facebook founder Mark Zuckerberg.
Zuckerberg said in his Facebook post that Javier Olivan will take over as Meta’s new COO. Till now he was looking after the functioning of Facebook, Instagram, WhatsApp, and Messenger apps.
