Former Meta COO to Exit Board of Directors

Former COO of Meta Platforms, Sheryl Sandberg, announced she will step down from the company’s board after her term ends in May. This would conclude her 12-year tenure. Sandberg joined Facebook in 2008 after helping to build Google’s advertising business and work with the US government.

Sandberg stated on Facebook she would not stand for re-election, but would continue her association with the company by serving as an adviser. She left her role as COO in late 2022 after 14 years but stayed on as a board member to ensure a successful transition. Sandberg was succeeded as COO by Javier Olivan, who was previously chief growth officer and VP of Cross-Meta Products and Infrastructure.

Explaining the decision to leave the board, Sandberg said under CEO Mark Zuckerberg’s leadership, the Meta business is strong and well-positioned for the future, so this feels like the right time to step away. Zuckerberg responded by thanking Sandberg for her extraordinary contributions and added he looked forward to this next chapter together.