Meta’s number two, Sheryl Sandberg, announces her resignation

Meta’s number two, Sheryl Sandberg, announces her resignation
Written by madishthestylebar

“After fourteen years, I will leave Meta”said, Wednesday 1er June, on Facebook, Sheryl Sandberg, the director of operations of the American giant of social networks, who will, however, remain on the board of directors.

She assured that these years “alongside Mark” Zuckerberg, the boss and founder of the company, had been “the honor and privilege of a lifetime”while the Californian group is widely criticized by politicians and civil society for its economic model.

” It’s the end of an era. (…) I will miss working by your side every day, but I am happy to count you among my friends for life. Thank you for everything you have done for me and my family, for our business, and for millions of people around the world. You are a star “greeted Mr. Zuckerberg, in a response comment.

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Meta told Agence France-Presse (AFP) that Javi Olivan would be the new chief operating officer, but Zuckerberg said he does not intend to replace Sheryl Sandberg’s position as it stands. “I think Meta has reached the stage where it makes sense for our product and our different businesses to be more integrated with each other”he said.

Most Powerful Woman in Tech

Sheryl Sandberg is a leading figure in Silicon Valley and has often been described in the press as the most powerful woman in ‘tech’. Poached in 2008 from Google as a rising star in the industry, she became a star.

Mark Zuckerberg struck up a personal relationship with her as true ” number two “. And delegated to him the tasks that he did not like, in particular the development of the advertising activity, which Mme Sandberg had structured at Google.

In difficulty and without an economic model when it arrived, Facebook has transformed itself into an overpowered advertising machine, succeeding in its transformation towards mobile media. Mme Sandberg also helped, by overseeing communications and public affairs activities, to make Facebook a leading company, maintaining good relations with the administration of Barack Obama.

His name associated with several scandals

But since then, Sheryl Sandberg’s star has gradually faded. His name has been associated with many scandals and controversies that the world leader in social networks has had to face. As in the Cambridge Analytica affair in which millions of American Facebook profiles were, in 2018, improperly recovered by a provider of Donald Trump’s digital campaign.

Or accusations accusing Facebook of being complicit in the violence against the Rohingya Muslim minority in Burma, having allowed hate messages to prosper. Or even the dissemination, at the end of 2020, by the whistleblower Frances Haugen of internal documents highlighting in particular the flaws in the moderation systems of the social network outside the United States. “The debate around social networks has changed so much since its inception that it has become unrecognizable. To say it hasn’t always been easy is an understatement.”writes Sandberg in a Facebook post on Wednesday.

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Over the past three years and even more so in recent months, Sandberg has been less prominent, especially in the media. Having become central for a company targeted by numerous complaints and bills, the area of ​​public affairs and relations with governments has gradually been taken over by Nick Clegg. The former British deputy prime minister was promoted in February “Chairman, in charge of global affairs”.

Expected departure in the fall

Mark Zuckerberg has also regained a greater place in management: he himself faced hostile parliamentary hearings and certain relations with heads of state, before recently deciding to personally bet on the “metaverse” and its virtual universes.

In recent months, however, the company has experienced difficulties in its core business, due in particular to Apple’s change limiting advertising tracking between mobile applications. As a parade, the company seeks to develop trade and purchases on its networks, including WhatsApp, whose incomes are very low. Mme Sandberg was responsible for overseeing responses to these challenges for Meta.

She will step down in the fall, but will remain a member of Facebook’s board of directors. She announced that she was going to get married this summer – her husband Dave Goldberg died accidentally in 2015 – and devote more time to her association Lean In, created after writing an eponymous book on the place of women in the business and society. The announcement is not a huge surprise, but it was seen by the markets as bad news for Meta, whose latest results have not been good: its title lost 2.50% on Wednesday.

The World with AFP

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