Meta’s ex-COO Sheryl Sandberg to leave Board

Sheryl Sandberg, former Chief Operating Officer (COO) of Meta Platforms, has revealed her decision to resign from the company’s Board of Directors once her term concludes in May 2024. This announcement was made through a Facebook post on Wednesday (January 17, 2024).

In her FB post, Sandberg said that she will act as an adviser to the social media giant.

She had served Meta as the COO for 14 and half years and as a board member for 12 years.

Sandberg wrote on her FB wall, “With a heart filled with gratitude and a mind filled with memories, I let the Meta Board know that I will not stand for re-election this May. After I left my role as COO, I remained on the Board to help ensure a successful transition. Under Mark’s leadership, Javi Olivan, Justin Osofsky, Nicola Mendelsohn, and their teams have proven beyond a doubt that the Meta business is strong and well-positioned for the future, so this feels like the right time to step away. Going forward, I will serve as an advisor to the company, and I will always be there to help the Meta teams.”

Sandberg wrote that serving as “Facebook’s - and then Meta’s - COO for 14 and half years and a board member for 12 years has been the opportunity of a lifetime”.

She wielded considerable influence as the second-in-command to Mark Zuckerberg, having played a pivotal role in devising Meta Platforms’ advertisement-based business model.