{"id":28223,"date":"2024-01-29T05:49:47","date_gmt":"2024-01-29T10:49:47","guid":{"rendered":"https:\/\/usa.businessupturn.com\/?p=28223"},"modified":"2024-01-29T05:49:47","modified_gmt":"2024-01-29T10:49:47","slug":"why-is-sheryl-sandberg-leaving-meta-in-may-2024","status":"publish","type":"post","link":"https:\/\/www.businessupturn.com\/usa\/why-is-sheryl-sandberg-leaving-meta-in-may-2024\/28223\/","title":{"rendered":"Why is Sheryl Sandberg leaving Meta in May 2024?"},"content":{"rendered":"<p>Sheryl Sandberg, former Chief Operating Officer (COO) of Meta (formerly Facebook), announced on Facebook in May 2024 that she would be leaving the company\u2019s board. Sandberg, known for her significant contributions to Facebook, had been with the company since its startup phase. Although she stepped down as COO in 2022, she remained on the board to facilitate a smooth transition.<\/p>\n<p>In her departure announcement, Sandberg mentioned that Meta\u2019s leadership, including founder Mark Zuckerberg, had demonstrated the strength and favorable positioning of the company for the future. She expressed confidence in the company\u2019s trajectory and considered it the right time to step away. Despite leaving the board, Sandberg will continue to serve as an advisor to Meta.<\/p>\n<p>Sandberg is renowned not only for her corporate role but also for her philanthropic efforts. She authored the book \u201cLean In\u201d in 2013, addressing challenges women encounter in the corporate world. Additionally, she is involved in philanthropy, particularly focused on issues such as women\u2019s leadership challenges and addressing rape and sexual violence in war.<\/p>\n<p>In response to Sandberg\u2019s announcement, Mark Zuckerberg thanked her for her extraordinary contributions and dedication to Meta. Sandberg\u2019s departure marked the end of her 14-year tenure as Meta\u2019s COO and a 12-year service on the board. The company reported all-time-high revenue when she made her departure announcement.<\/p>\n<p>As for Sandberg\u2019s future plans, she indicated that she would devote her time to philanthropic efforts after leaving Meta. With an estimated net worth of $1.9 billion, according to The Street, Sandberg is financially secure, and her departure from Meta doesn\u2019t suggest an immediate need for new employment.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sheryl Sandberg, former Chief Operating Officer (COO) of Meta (formerly Facebook), announced on Facebook in May 2024 that she would\u2026<\/p>\n","protected":false},"author":294,"featured_media":28224,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[4496],"class_list":["post-28223","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-sheryl-sandberg"],"reading_time":"2 min read","_links":{"self":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts\/28223","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/users\/294"}],"replies":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/comments?post=28223"}],"version-history":[{"count":0,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts\/28223\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/media\/28224"}],"wp:attachment":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/media?parent=28223"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/categories?post=28223"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/tags?post=28223"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}