Sheryl Sandberg has decided to move on from Meta as its Chief Operating Officer after 14 years at the company.
In a securities filing, Meta wrote that she informed the company on Saturday of her intention to resign. Sandberg will continue to serve on the Board of Directors at Meta.
Sandberg wrote in a Facebook post, “When I took this job in 2008, I hoped I would be in this role for five years. Fourteen years later, it is time for me to write the next chapter of my life. I am not entirely sure what the future will bring – I have learned no one ever is. But I know it will include focusing more on my foundation and philanthropic work, which is more important to me than ever given how critical this moment is for women.”
Zuckerberg called Sandberg’s decision to leave the company an “end of an era” and said that he doesn’t plan to replace Sandberg’s exact role in the company’s structure.
Javier Olivan, the company’s Chief Growth Officer will now step into the COO role.
Zuckerberg said, “Javier’s role will be a more traditional COO role where he will be focused internally and operationally, building on his strong track record of making our execution more efficient and rigorous. As part of this, Molly Cutler, our VP of Strategic Response, will join Javi's team and report to Naomi Gleit.”
He further said, “Marne Levine, our Chief Business Officer and the top business person who handles our partnerships, will report to Javier Olivan so that our Ads and Business Platform product group will be closer to the Meta Business Group.”
Justin Osofsky will report to Chris Cox, Chief Product Officer, Meta. “In addition to his role overseeing Global Operations and Instagram's business organization, Osofsky will now take on the additional responsibility of building a content team that works across business and products that will train our AI recommendation systems to help you discover the most interesting, relevant, and personalized content across Facebook and Instagram,” said Zuckerberg.
Lori Goler, Head of People, will now report directly to Zuckerberg. Maxine Williams, Chief Diversity Officer at Meta, will continue her role on Meta’s People team.