Sheryl Sandberg, the Chief Operating Officer (COO) of Facebook and its parent company Meta, has announced her resignation from the role. After 14 years of service, Sandberg will be leaving her post this fall and will continue to serve on Meta's board of directors. Justin Osofsky, Chief Operating Officer at Instagram, will now oversee AI-trained content production across platforms. Mark Zuckerberg, Meta's founder and CEO, has announced that Javier Olivan, Vice President of Central Products, will be promoted to Chief Operating Officer and will assume some of the advertising-related responsibilities that were previously under Sandberg's competence.
Olivan was previously a product manager at Siemens Mobile, where he led a multidisciplinary team responsible for the development and market launch of mobile devices. Sandberg thanked Zuckerberg for his support during her time at Meta, saying that “being by Mark's side for these 14 years has been the honor and privilege of a lifetime.” With her departure, Facebook and its parent company Meta will be losing one of the most powerful figures in the technological world who saw the company weather a meteoric rise and multiple controversies.