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Sheryl Sandberg, who spent 14 years as Meta's COO and 12 years on the board, is leaving Meta’s board of directors after 12 years, marking the end of her last official role with the company.
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Sandberg announced her departure in a Facebook post, stating that "this feels like the right time to step away,"
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But she will continue to advise the company even after her role as a board member officially ends in May.
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During her tenure, Sandberg played a crucial role in leading Meta’s multibillion-dollar ad business, with revenue reportedly growing 43,000%.
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Meta has not yet commented on who may take over Sandberg's board seat.
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Sandberg's status within the company had evolved as Mark Zuckerberg embraced the metaverse, which currently lacks a clear path for an advertising business.
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Zuckerberg expressed gratitude for Sandberg's dedication and guidance, stating that he looks forward to the next chapter together.
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The announcement comes amidst Meta's strategic shifts and focus on the metaverse, indicating changes in leadership dynamics within the company.