Facebook: Mark Zuckerberg’s right hand, Cheryl Sandberg resigned

After 14 years to his right hand Mark ZakerbergFacebook No. 2 and then parent Meta, Cheryl Sandberg resigned.

She was one of the most prominent female managers in the world of technology worldwide and now she has decided to focus more on charity. «It’s time to dump her and move on“I do not know what the future holds, I learned that no one can know,” he wrote in a lengthy Facebook post. As he clarified, he will remain on the board of directors of Meta after her departure.

The post on Facebook

Sandberg, a graduate of Harvard University, had a background in Google and digital advertising. He got a job at Facebook after meeting Zuckerberg at a party and when social media was a small company with a loss of $ 56 million and led by the 23-year-old, who had left Harvard.

Then Sandberg has made a significant contribution to rapid growth and global success of today’s largest social media. In 2021, Meta had revenues of $ 118 billion and profits of $ 39.4 billion. The writing of several books on management gave her greater fame while the criticism against Facebook in many ways had a negative impact on her face.

Meta chief growth officer Javier Olivan will take over from Sandberg. Following its announcement, the company’s share initially fell by 4%, but then almost covered the initial losses.

The end of an era

In a post, Zuckerberg described Sandberg’s departure as “the end of an era”, noting that their partnership had been unusually long.

“Cheryl organized our advertising business, hired great people, shaped our corporate culture and taught me how to run a company. “It has created opportunities for millions of people around the world and deserves a lot of praise for what Meta is today,” he added, according to the BBC, Reuters and the New York Times, citing the APE-MPE.