She will be leaving her post in the fall. And plans on remaining a part of the Board of Directors.
After she broke the news, shares in the company dropped sharply.
In a separate post, Zuckerberg acknowledged Sandberg’s move as “the end of an era.” And thanked her for her success in building Facebook’s business operations.
Sandberg’s departure comes as Meta seeks to reposition itself as a pioneer of what Zuckerberg describes as the “metaverse.” And tries to move the platform into virtual reality.
