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Sheryl Sandberg Leaves Meta, Will Focus on Philanthropic Work

Sandberg will join other high-profile women who’ve intensified their focus on philanthropy of late. like Amazon founder Jeff Bezos’s former wife, MacKenzie Scott and Microsoft co-founder Bill Gates’s ex-wife, Melinda French Gates.

Sheryl Sandberg

Sheryl Sandberg, COO at Meta Platforms, announced stepping down from her position after 14 years. Sandberg, the second most important person at Meta after Mark Zuckerberg, announced her departure through an official Facebook post on Thursday.

Sandberg said she would step down in the fall, but keep a seat on the board. Javier Olivan will be the next Chief Operating Officer, Meta CEO announced through an official Facebook post.

Sandberg said, she will focus more on her foundation and philanthropic work. “But I know it will include focusing more on my foundation and philanthropic work, which is more important to me than ever given how critical this moment is for women,” she revealed in the official post. As said, she will continue to be a part of the board.

“Over the next few months, Mark and I will transition my direct reports and I will leave the company this fall. I still believe as strongly as ever in our mission, and I am honored that I will continue to serve on Meta’s board of directors,” Sandberg noted in the Facebook post.

Sandberg, with an estimated net worth of $1.6 billion, according to Forbes, will join other high-profile women who’ve intensified their focus on philanthropy of late. The list includes Amazon founder Jeff Bezos’s former wife, MacKenzie Scott, and Microsoft co-founder Bill Gates’s ex-wife, Melinda French Gates.

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