Sheryl Sandberg is stepping down as Chief Operating Officer at Meta-Facebook.
Javier Olivan will take over as COO in the fall, CNBC reported.
Sandberg will continue to serve on Meta’s board of directors.
CNBC reported:
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Sheryl Sandberg is stepping down from her role as Chief Operating Officer at Meta, the company formerly known as Facebook.
Sandberg joined Facebook in early 2008 as the No. 2 to Facebook CEO and co-founder Mark Zuckerberg, and helped turn Facebook into an advertising juggernaut and one of the most powerful companies in the tech industry, with a market cap that topped $1 trillion at one point.
Javier Olivan, the company’s chief growth officer, will take over as COO this fall. Sandberg, who informed Zuckerberg of her decision this past weekend, will continue to serve on Meta’s board of directors.
“Over the next few months, Mark and I will transition my direct reports,” Sandberg said in a lengthy Facebook post discussing stepping down. Meta is also planning an internal reorganization to go along with the change, Zuckerberg said.
Recall, FOX News host Dana Perino grilled Sheryl Sandberg in April 2018 in her first interview since the Cambridge Analytica scandal broke earlier that year.
During the interview Perino grilled Sandberg on Facebook’s assault on conservative publishers.
Since the 2016 election Facebook has targeted conservative publishers and censored conservative voices on its platform.
All of the top conservative publishers have seen their Facebook traffic suffer.
The Gateway Pundit was hit the hardest of all the top conservative websites by Facebook.
Sandberg defended Facebook’s censorship of conservative publishers and said the company wants people to have a “good psychological experience.”