Index Investing News
Sunday, May 31, 2026
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

Sheryl Sandberg is leaving Meta’s board, cutting her last tie after joining in 2008 as Mark Zuckerberg’s chief lieutenant

by Index Investing News
January 18, 2024
in Financial
Reading Time: 2 mins read
A A
0
Home Financial
Share on FacebookShare on Twitter

Meta director and former Chief Operating Officer Sheryl Sandberg said she will step down from the board this year, exiting her last official role at the social media company she helped grow from a promising internet startup into a digital-advertising stalwart.

“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 Wednesday in a post on Meta’s flagship Facebook network. “Going forward, I will serve as an adviser to the company, and I will always be there to help the Meta teams.”

Sandberg, 54, joined Facebook in 2008 as No. 2 to co-founder Mark Zuckerberg to oversee the fledgling company’s advertising, partnerships, business development and operations, following stints at Google, McKinsey & Co. and the US Department of the Treasury. She left her job as COO of the company, by then rebranded as Meta, in 2022. 

During her time at the tech giant, which also owns Instagram and WhatsApp, Sandberg was key to turning the social network into a money-making machine and one of the world’s biggest companies. In 2022 Meta brought in almost $117 billion in revenue, most of it from targeted advertising.

She often served as the public face of the business, particularly among policymakers and regulators. As criticism of Facebook and its platforms mounted in more recent years, including bruising scandals over lapses in privacy and content moderation, Sandberg increasingly retreated from the spotlight.

“Your dedication and guidance have been instrumental in driving our success,” Zuckerberg wrote in a comment on Sandberg’s Facebook post. “I am grateful for your unwavering commitment to me and Meta over the years.” 

It’s unclear if Meta plans to replace Sandberg on the board, which now has eight other members, including Zuckerberg as chairman. A company spokesperson said Meta consistently evaluates how to grow the board, but declined to offer further details.

Since leaving the COO role at Meta, Sandberg has spent more time on philanthropic efforts. Her nonprofit organization, LeanIn.Org, launched a program for girls 11 to 15 called Lean In Girls, aiming to teach lessons about resilience, positive risk-taking and leadership. She was also part of a team of investors that brought a women’s professional soccer club to the San Francisco Bay Area last year; the team will play its inaugural season in 2024.

Most recently, Sandberg organized an event at the United Nations focused on sexual violence that occurred during the Oct. 7 terrorist attack on Israel.

Subscribe to the Eye on AI newsletter to stay abreast of how AI is shaping the future of business. Sign up for free.



Source link

Tags: BoardChiefcuttingjoiningLeavinglieutenantMarkMetasSandbergSheryltieZuckerbergs
ShareTweetShareShare
Previous Post

Sean McDermott, Josh Allen need to finish off Patrick Mahomes

Next Post

EU Provisionally Agrees Tougher Crypto Due Diligence Measures to Combat Money Laundering

Related Posts

Rescuers say a blast at a building storing explosives in Myanmar has killed more than 45 people

Rescuers say a blast at a building storing explosives in Myanmar has killed more than 45 people

by Index Investing News
May 31, 2026
0

BANGKOK: A blast on Sunday at a building in northeastern Myanmar said to have been storing explosives for mining has...

Ex-Disney star Hilary Duff warns saying yes too much actually hurt her career: ‘Just because something is a good paycheck, it doesn’t mean it’s right’

Ex-Disney star Hilary Duff warns saying yes too much actually hurt her career: ‘Just because something is a good paycheck, it doesn’t mean it’s right’

by Index Investing News
May 27, 2026
0

Hilary Duff was catapulted into stardom as the lead of Disney Channel’s Lizzie McGuire when she was just 13, and...

Mamdani Mendacity – Balanced Budgets and  World Cup Tickets

Mamdani Mendacity – Balanced Budgets and $50 World Cup Tickets

by Index Investing News
May 23, 2026
0

In the famous Tennessee Williams play, Cat on a Hot Tin Roof, Big Daddy says: "There ain't nothin' more powerful...

TDV: Technology Dashboard For May (BATS:TDV)

TDV: Technology Dashboard For May (BATS:TDV)

by Index Investing News
May 15, 2026
0

This article was written byFollowFred Piard, PhD. is a quantitative analyst and IT professional with over 30 years of experience...

Microsoft Israel chief leaves amid ethical controversy

Microsoft Israel chief leaves amid ethical controversy

by Index Investing News
May 11, 2026
0

Last week Microsoft Israel, the local marketing and sales office of the US software giant, announced the departure of...

Next Post
EU Provisionally Agrees Tougher Crypto Due Diligence Measures to Combat Money Laundering

EU Provisionally Agrees Tougher Crypto Due Diligence Measures to Combat Money Laundering

Textron is key aerospace stock going into earnings, Goldman Sachs says (NYSE:TXT)

Textron is key aerospace stock going into earnings, Goldman Sachs says (NYSE:TXT)

RECOMMENDED

21 Alpha Group JV Lands Refi for Los Angeles Retail Middle

21 Alpha Group JV Lands Refi for Los Angeles Retail Middle

February 17, 2025
What You Need to Know! By DailyCoin

What You Need to Know! By DailyCoin

January 20, 2023
Best Towels You Can Buy

Best Towels You Can Buy

September 2, 2023
Western White Home Sells For M, Amongst Highest Native Gross sales

Western White Home Sells For $23M, Amongst Highest Native Gross sales

October 27, 2024
Why Landlords Ought to By no means Use Venmo or PayPal To Gather Hire

Why Landlords Ought to By no means Use Venmo or PayPal To Gather Hire

April 6, 2022
A Little Economics of Residing and Dying

A Little Economics of Residing and Dying

August 14, 2024
German highway visitors company says 59,000 Tesla autos have software program glitch

German highway visitors company says 59,000 Tesla autos have software program glitch

July 3, 2022
The CDC will lose even more public trust if it puts COVID jab on the kids’ immunization schedule

The CDC will lose even more public trust if it puts COVID jab on the kids’ immunization schedule

October 24, 2022
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In