Sheryl
Sandberg,
chief
operating
officer
of
Facebook
Inc.

David
Paul
Morris
|
Bloomberg
|
Getty
Images

Former


Meta

operating
chief
Sheryl
Sandberg
is
leaving
the
company’s
board
of
directors.

“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
Facebook

post

on
Wednesday.

Sandberg,
54,
joined
Facebook
in
2008
as

Mark
Zuckerberg’s

top
deputy
after
spending
about
seven
years
at
Google.
In
2012,
she
became
a
board
member
at
the
company.
During
her
tenure,
Facebook
rose
from
a
highflying
startup
to
become
one
of
the
most
valuable
companies
in
the
world,
topping
a
$1
trillion
market
cap
at
its
peak
in
2021.

Sandberg
announced
her
departure
from
Meta
in
mid-2022,
following
multiple
controversies
that
dogged
the
company
and
sullied
its
reputation
among
users,
lawmakers
and

investors
.
Most
notably,
Facebook
was
central
to
the
spread
of
disinformation
ahead
of
the
2016
election
and
during
the
early
days
of
the
Covid
pandemic
in
2020.
The
company
has
also
been
in
the
subject
of

antitrust
investigations

and
was
scrutinized
in
Sandberg’s
waning
days
for
its
insufficient
efforts
to
combat
hate
on
its
platform.

When
Sandberg

stepped

down
as
Meta
COO
in
June
2022,
she
was
replaced
by
Javier
Olivan,
who
had
been
serving
as
Meta’s
chief
growth
officer.

Since
leaving
Meta,
Sandberg
has
dedicated
much
of
her
time
on
her
LeanIn.org
nonprofit,
which
focuses
on
empowering
women
tin
the
workplace,
and
related
projects.

“I
wanted
my
new
chapter
to
be
able
to
really
make
a
difference,”
Sandberg

told

CNBC
Make
It
in
August.
“We’ve
been
in
development
on
this
since
I
was
at
Meta,
but
being
able
to
have
the
time
to
put
into
[this
launch]
and
to
really
be

a
bigger
part
of
this
has
meant
a
lot
to
me.”

Shortly
after
Sandberg’s
post,
Zuckerberg
responded
with
a
short
reply.

“Thank
you
Sheryl
for
the
extraordinary
contributions
you
have
made
to
our
company
and
community
over
the
years,”
Zuckerberg
wrote.
“Your
dedication
and
guidance
have
been
instrumental
in
driving
our
success
and
I
am
grateful
for
your
unwavering
commitment
to
me
and
Meta
over
the
years.
I
look
forward
to
this
next
chapter
together!”

Meta
technology
chief
Adam
Bosworth
wrote,
“Amazing
run
Sheryl,
thank
you
so
much
for
everything
you
did
for
all
of
us
and
also
for
me
personally.”

Meta’s
board
consists
of
Zuckerberg,
who
serves
as
chairman,
as
well
as
former


PayPal

Executive
Vice
President
Peggy
Alford,
venture
capitalist
Marc
Andreessen,


Dropbox

CEO
Drew
Houston,
former
McKinsey
&
Company
senior
partner
Nancy
Killefer,
former
U.S.
deputy
secretary
of
the
treasury
Robert
M.
Kimmitt,


DoorDash

CEO
Tony
Xu
and
Tracey
T.
Travis,
a
former
CFO
at


Estée
Lauder
.


Here’s
the
full
text
of
Sandberg’s
post:

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.
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.

Serving
as
Facebook’s

and
then
Meta’s

COO
for
14
½
years
and
a
board
member
for
12
years
has
been
the
opportunity
of
a
lifetime.
I
will
always
be
grateful
to
Mark
for
believing
in
me
and
for
his
partnership
and
friendship;
he
is
that
truly
once-in-a-generation
visionary
leader
and
he
is
equally
amazing
as
a
friend
who
stays
by
your
side
through
the
good
times
and
the
bad.
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.


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