By Clare Duffy | CNNFormer longtime Meta chief operating officer Sheryl Sandberg will not remain on the company’s board after her term ends in May, she said in a Facebook post Wednesday. “With a heart filled with gratitude and a mind filled with memories, I let the Meta board know that I will not stand for reelection this May,” Sandberg said in the post. Sandberg said in her post that she would be leaving the Facebook parent company’s board to focus more on philanthropic work but added that she would continue to serve as an advisor to Meta. In partnership with Zuckerberg, Sandberg helped grow Facebook’s revenue from roughly $150 million in 2007 to more than $3.7 billion in 2011, the year before it went public. In 2022, the year Sandberg stepped down as COO, Meta posted total annual revenue of $116.6 billion.

Source: CNN January 17, 2024 23:50 UTC