Powerful female general, public servant Sheryl Sandberg resigns after 14 years of service
According to Bloomberg, Meta Platforms – the parent company of Facebook has just announced that Sheryl Sandberg has resigned from the position of COO. Sandberg has become one of the prominent figures in the global business world after helping the Facebook platform transform from a startup from a dorm room to a multi-billion dollar advertising empire.
Sandberg, 52, remains on Meta’s board of directors, announced Wednesday. Javier Olivan, who has been in charge of the company’s growth for many years, will take over Sandberg’s position when she officially leaves. go next fall.
Sandberg joined Facebook in 2008 and was a key player in making it a giant social network, generating $120 billion in revenue last year. Along the way, she became an influential author with Lean In in 2013 and serves as the company’s senior face second only to Mark Zuckerberg. Along with Mark, she championed Facebook’s fast-growing corporate culture and helped Meta resolve numerous scandals quickly. Sandberg has spent years improving Facebook’s relationship with the public and lawmakers.
In an interview with Bloomberg, Sandberg called her time at Meta “an honor and privilege of a lifetime”.
“It was a decision I didn’t make quickly, but it’s been 14 years. I want to spend more time doing charity, with my foundation.”
Formerly at Google, Sandberg joined Facebook to take charge of the company’s business features including advertising, partnerships, business development and operations. Mark is only in charge of the product. Meta currently has 4 products with over 1 billion users and their ad revenue hit $27 billion in the first quarter of this year.
Sandberg says she plans to get married this summer and hopes to spend more time with her children. She also plans to support women’s issues, focusing on the Lean In Foundation and other philanthropic activities.
She said that being able to take another job at another company “seems like a no-brainer” but added that “I learned one thing many years ago: Don’t make predictions about the future”.
It is an interesting fact that the founder of the world’s largest social networking site Mark Zuckerberg did not initially intend to find a COO for the company, but he completely changed his mind when he met Ms. Sheryl at the end. 2007.
In December 2007, at a Christmas Eve party at the house of Dan Rosensweig, COO of Yahoo!, Mark Zuckerberg, the founder of Facebook, the social network was less than three years old and only 130 employees attended with the attitude of a friend. owner, nothing more, nothing less.
At that time, immature Mark Zuckerberg was 23 years old, only knowing how to program and create products. And Sheryl Sandberg 38 years old, experienced, is the head of product sales at Google.
Mark Zuckerberg never thought he was so lucky. How can someone who holds the position of vice president of global online sales and operations at Google with more than 4,000 employees leave his job to join Facebook, a “nascent” company? Any revenue and only 130 employees?
Using the phrase “right person at the right time” in this case could not be more accurate. Sheryl herself had previously intended to leave Google, but not to Facebook. She spoke with Donald Graham, CEO of the Post Washington company, about becoming a senior executive at the newspaper. But Zuckerberg quickly contacted in advance to convince in 6 weeks and invited Sheryl to work.
“There are people who are really good managers who can run a large organization. And there are also people who are very good at analysis, focus on strategy. Unfortunately, these two categories are often not in the same category. people,” Zuckerberg found Sheryl to be the other extreme that compensates for himself.
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