Take a fresh look at your lifestyle.

Meta Platforms’ Sheryl Sandberg to Step Down as COO; Shares Fall

Get Actionable Insights with InvestingPro+: Start 7 Day FREE Trial Register here

Investing.com - Financial Markets Worldwide

Quotes

All Instrument Types

  • All Instrument Types
  • Indices
  • Equities
  • ETFs
  • Funds
  • Commodities
  • Currencies
  • Crypto
  • Bonds
  • Certificates

Please try another search

Ad-Free Version. Upgrade your Investing.com experience. Save up to 40% More details

Stock Markets12 minutes ago (Jun 01, 2022 03:49PM ET)

Meta Platforms' Sheryl Sandberg to Step Down as COO; Shares Fall © Reuters.

By Yasin Ebrahim

Investing.com — Meta Platforms said Wednesday that Sheryl Sandberg is stepping down as chief operating officer after 14 years at the social media giant.

Meta Platforms (NASDAQ:FB) fell more than 2% in recent trading.

Javier Olivan, Chief Growth Officer will replace Sandberg as COO in the fall. 

Sandberg will, however, remain on Meta’s board.

“Over the next few months, Mark and I will transition my direct reports and I will leave the company this fall,” Sandberg said. 

Meta Platforms’ Sheryl Sandberg to Step Down as COO; Shares Fall

Related Articles

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More