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Sheryl Sandberg steps down from Facebook-parent Meta, leaving behind a mixed legacy
Facebook in the Sandberg years connected billions of people, but also caused a lot of division.
Sheryl Sandberg announced in a Facebook post that her 14-year tenure with Meta (formerly known as Facebook) has come to an end.
In 2008, Facebook CEO Mark Zuckerberg recruited Sandberg, who had served at Google, to come in and build the advertising business, which targets ads based on the personal data the platform aggressively collects from a user pool thatās now swelled to nearly three billion. Sandbergās power in the company only increased, and she continued to make strategic decisions collaboratively with Zuckerberg.
āSitting by Markās side for these 14 years has been the honor and privilege of a lifetime,ā SandbergĀ wroteĀ in the post. āMark is a true visionary and a caring leader. He sometimes says that we grew up together, and we have. He was just 23 and I was already 38 when we met.ā
Sandbergās post goes on to say that sheās ānot entirely sureā what her future will hold, but that it will likely lean toward āfocusing more on my foundation and philanthropic work.ā She says her transition out has begun and that sheāll be all the way out this fall. āI still believe as strongly as ever in our mission, and I am honored that I will continue to serve on Metaās board of directors,ā she wrote.
SANDBERGāS LEGACY
Sandbergās legacy at the social networking giant is certainly subject to debate.
Under her watch, Facebook reached nearly three billion users worldwide and became a Wall Street darling worth $525 billion, driven almost entirely by the ad business she built. Throughout the first half of her tenure at Facebook, Sandberg enjoyed plenty of goodwill within and without the tech industry, especially after the publication of her book,Ā Lean In, which established her as a champion for women in the workplace.
But with theĀ Cambridge Analytica scandalĀ (in which Facebook allowed the Trump-aligned voter-targeting group access to millions of usersā personal data) and the highjacking of Facebook by Trump-supporting Russian content farms in 2016, Sandbergās image began to suffer, along with the tech industryās as a whole. Not only did Sandberg bear some responsibility for those failures, but aĀ 2018Ā New York TimesĀ pieceāwhich featured the notable headline āDelay, Deny and Deflectāāhighlighted Sandbergās use of some unsavory PR tactics to escape responsibility. She came to be understood as aĀ well-connected fixer who specialized in quieting any distraction from the smooth operation of her companyās highly lucrative ad business.
SANDBERGāS REPLACEMENT
Sandberg will be replaced by Javier Olivan, Metaās chief growth officer, who also was a founding member of the companyās first growth team in the early 2000s. Facebookās growth team, through the years, has become a power center within the company.
The growth team instigated Facebookās acquisition of Snaptu, an Israeli startup that, on its own, had created a stripped-down version of Facebook designed to run on basic āfeature phones.ā That technology, which required neither a cutting-edge smartphone nor a high-speed data network, eventually morphed into Facebook Lite, a minimalist version that is a vital component of the companyās growth strategy. By 2017, Mark Zuckerberg reported that it has 200 million users in such countries as Vietnam, Bangladesh, and Nigeria.
Facebook was slow to adopt the smartphone revolution in the late 2000s, but it was the Facebook mobile app that carried the social network past the three billion-user mark. Sandbergās departure comes not long after FacebookĀ rebrandedĀ itself to Meta, ostensibly to align itself with a new crucial access technologyāvirtual and augmented reality glassesāwhich will give users access to the metaverse.