Sheryl Sandberg stated on Wednesday that she wouldn’t stand for re-election to Meta’s board of administrators in Could, ending her 14½-year run in a proper function on the social networking firm.
Ms. Sandberg had remained on the nine-seat board after stepping down as Meta’s chief working officer in 2022. In a submit to her private Fb web page on Wednesday, she stated she would nonetheless be an adviser to the corporate and would “all the time be there to assist the Meta groups.”
“The Meta enterprise is powerful and nicely positioned for the long run, so this seems like the correct time to step away,” she wrote.
In a touch upon her Fb web page, Mark Zuckerberg, Meta’s chief govt and founder, stated Ms. Sandberg had been “instrumental” in driving his firm’s success. She was elected to Fb’s board of administrators in 2012, when the corporate was underneath fireplace for having too few ladies on its board.
Mr. Zuckerberg employed Ms. Sandberg in 2008 — when the corporate was nonetheless generally known as Fb — to turn out to be its first chief working officer. She oversaw Fb’s preliminary transfer into digital promoting, courting large manufacturers and small companies to develop it right into a multibillion-dollar endeavor.
Ms. Sandberg turned one of many highest-profile feminine executives within the enterprise world, ultimately writing a best-selling guide, “Lean In,” about her expertise.
However she additionally confronted criticism throughout one in all Fb’s most tumultuous durations. Russians manipulated the corporate’s platforms to unfold misinformation within the 2016 U.S. presidential election, and its privateness and data-collection practices drew regulatory scrutiny.