Sheryl Sandberg says she’s leaving Meta’s board

Former Meta working chief Sheryl Sandberg is leaving the corporate’s board of administrators.

“With a coronary heart stuffed with gratitude and a thoughts stuffed with recollections, I let the Meta board know that I cannot stand for reelection this Might,” Sandberg wrote in a Fb publish on Wednesday.

Sandberg, 54, joined Fb in 2008 as Mark Zuckerberg’s high deputy after spending about seven years at Google. In 2012, she grew to become a board member on the firm. Throughout her tenure, Fb rose from a highflying startup to turn into one of the vital invaluable corporations on this planet, topping a $1 trillion market cap at its peak in 2021.

Sandberg introduced her departure from Meta in mid-2022, following a number of controversies that dogged the corporate and sullied its popularity amongst customers, lawmakers and buyers. Most notably, Fb was central to the unfold of disinformation forward of the 2016 election and through the early days of the Covid pandemic in 2020. The corporate has additionally been within the topic of antitrust investigations and was scrutinized in Sandberg’s waning days for its inadequate efforts to fight hate on its platform.

When Sandberg stepped down as Meta COO in June 2022, she was changed by Javier Olivan, who had been serving as Meta’s chief progress officer.

Since leaving Meta, Sandberg has devoted a lot of her time on her LeanIn.org nonprofit, which focuses on empowering ladies tin the office, and associated tasks.

“I needed my new chapter to have the ability to actually make a distinction,” Sandberg informed CNBC Make It in August. “We have been in growth on this since I used to be at Meta, however having the ability to have the time to place into [this launch] and to essentially be … a much bigger a part of this has meant lots to me.”

Shortly after Sandberg’s publish, Zuckerberg responded with a brief reply.

“Thanks Sheryl for the extraordinary contributions you might have made to our firm and neighborhood through the years,” Zuckerberg wrote. “Your dedication and steering have been instrumental in driving our success and I’m grateful on your unwavering dedication to me and Meta through the years. I stay up for this subsequent chapter collectively!”

Meta expertise chief Adam Bosworth wrote, “Superb run Sheryl, thanks a lot for every little thing you probably did for all of us and likewise for me personally.”

Meta’s board consists of Zuckerberg, who serves as chairman, in addition to former PayPal Govt Vice President Peggy Alford, enterprise capitalist Marc Andreessen, Dropbox CEO Drew Houston, former McKinsey & Firm senior companion Nancy Killefer, former U.S. deputy secretary of the treasury Robert M. Kimmitt, DoorDash CEO Tony Xu and Tracey T. Travis, a former CFO at Estée Lauder.

Here is the total textual content of Sandberg’s publish:

With a coronary heart stuffed with gratitude and a thoughts stuffed with recollections, I let the Meta board know that I cannot stand for reelection this Might. After I left my function as COO, I remained on the board to assist guarantee a profitable transition. Beneath Mark’s management, Javi Olivan, Justin Osofsky, Nicola Mendelsohn, and their groups have confirmed past a doubt that the Meta enterprise is powerful and well-positioned for the long run, so this seems like the fitting time to step away. Going ahead, I’ll function an advisor to the corporate, and I’ll all the time be there to assist the Meta groups.

Serving as Fb’s – after which Meta’s – COO for 14 ½ years and a board member for 12 years has been the chance of a lifetime. I’ll all the time be grateful to Mark for believing in me and for his partnership and friendship; he’s that really once-in-a-generation visionary chief and he’s equally superb as a buddy who stays by your aspect via the nice occasions and the unhealthy. I’ll all the time be grateful to my colleagues and teammates at Meta for all of the years of working aspect by aspect and all they taught me. And I’m notably grateful to my fellow Meta board members for his or her lasting friendships, the steering they offered me for therefore a few years, and their stewardship of merchandise that imply a lot to folks everywhere in the world.

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