Sheryl Sandberg, the former COO of Meta, is stepping down from the company’s board of directors, stating that it feels like the right time to move on.
She will still advise the company informally.
CEO Mark Zuckerberg expressed gratitude for her extraordinary contributions. Sheryl joined the company when it was still a small startup called Facebook and played a significant role in its growth.
In addition to her role at Meta, she is known for her book “Lean In: Women, Work, and the Will to Lead.” However, her time at Meta was also marked by several crises, including misinformation during the 2016 election.
She announced her departure in a Facebook post, expressing gratitude for the opportunity and the memories she made during her time at the company. Following her announcement, Mark Zuckerberg responded, thanking her for her dedication and guidance.
Meta is facing new challenges as countries tighten social media regulations. The growth of Facebook users in the US has stalled, and it has lost younger users to competitors like TikTok.
The company’s targeted ad business has also been affected by Apple’s privacy rules.
