Sheryl Sandberg steps down as Chief Operating Officer of Facebook

Sheryl Sandberg, the second strongest executive at Facebook owner Meta, officially confirmed her withdrawal on June 1, 2022, after a 14-year tenancy that also included steering the controversy of Facebook to marketing supremacy. Sheryl Sandberg, 52, has become one of Silicon Valley’s most powerful women, and her exit comes as the social networking behemoth faces an unknown future and stiff competition.

Sheryl Sandberg’s departure from Meta, the parent company of Facebook, will take effect in the fall. She stated on the console that she intends to stay on the company’s board of directors. Sheryl Sandberg stated in her announcement that it is time for her to start writing the next story arc of her life after fourteen years.

WHO IS SHERYL SANDBERG?

Sheryl Sandberg, a Harvard-educated executive, decided to join Facebook when it was still a fledgling company in 2008. Sandberg was a key figure in the growth of the social media behemoth into a worth billions of dollars marketing conglomerate.

Sheryl Sandberg’s job has made her a big star in the tech industry, thanks to her 2013 book “Lean in Women, Work, and the Will to Lead,” which urged women to bend into their career paths to realize the full possibility and conquer workplace obstacles.

The declaration that Sheryl Sandberg would be leaving Facebook caused the company’s stock to drop more than 2%. It was yet another setback for the stock, which had already nosedived due to fears that the company’s steady growth had been coming to an end. The social networking behemoth Facebook has lost 43% of its value in the last six months, raising concerns that this may be falling underneath competitors such as LinkedIn, Tik Tok, Twitter, and even Apple.

Sheryl Sandberg joined Facebook as a mature, guidance at a tech firm with the motto’move fast, break stuff’ is about 4 years old. Sheryl Sandberg architected Facebook’s ads enterprise, hired fantastic guys, forged a leadership culture, and tried to teach him how and where to run a company.

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