Dubai Telegraph - Meta's Sheryl Sandberg to step down from board

EUR -
AED 4.333813
AFN 76.694218
ALL 96.458833
AMD 446.314032
ANG 2.112139
AOA 1081.980314
ARS 1707.917161
AUD 1.690045
AWG 2.126794
AZN 2.003739
BAM 1.952934
BBD 2.375244
BDT 144.108487
BGN 1.981511
BHD 0.44482
BIF 3480.691272
BMD 1.179913
BND 1.500298
BOB 8.149074
BRL 6.203154
BSD 1.179284
BTN 106.725812
BWP 15.530272
BYN 3.367657
BYR 23126.298749
BZD 2.371789
CAD 1.613112
CDF 2595.809277
CHF 0.916244
CLF 0.025684
CLP 1014.158893
CNY 8.186472
CNH 8.190893
COP 4281.598231
CRC 584.622111
CUC 1.179913
CUP 31.2677
CVE 110.098739
CZK 24.379723
DJF 209.694622
DKK 7.466733
DOP 73.981728
DZD 153.072875
EGP 55.339571
ERN 17.698698
ETB 182.70601
FJD 2.604184
FKP 0.861238
GBP 0.864664
GEL 3.179902
GGP 0.861238
GHS 12.949049
GIP 0.861238
GMD 86.133714
GNF 10349.371313
GTQ 9.045417
GYD 246.728913
HKD 9.217913
HNL 31.157401
HRK 7.535282
HTG 154.573782
HUF 379.74445
IDR 19816.465232
ILS 3.651601
IMP 0.861238
INR 106.723562
IQD 1544.938988
IRR 49703.843799
ISK 144.787077
JEP 0.861238
JMD 184.928574
JOD 0.836519
JPY 184.848147
KES 152.149521
KGS 103.183534
KHR 4760.033709
KMF 493.203477
KPW 1061.857147
KRW 1722.826151
KWD 0.362599
KYD 0.982762
KZT 585.848344
LAK 25366.875674
LBP 105607.344052
LKR 364.991916
LRD 219.348055
LSL 18.846999
LTL 3.483977
LVL 0.713718
LYD 7.452746
MAD 10.811166
MDL 19.953798
MGA 5224.354177
MKD 61.638824
MMK 2477.742356
MNT 4212.109227
MOP 9.490211
MRU 46.827682
MUR 54.134825
MVR 18.229397
MWK 2044.543931
MXN 20.445413
MYR 4.63944
MZN 75.219714
NAD 18.847716
NGN 1614.781643
NIO 43.396673
NOK 11.422923
NPR 170.792046
NZD 1.968927
OMR 0.453673
PAB 1.179274
PEN 3.964381
PGK 5.052413
PHP 69.585426
PKR 329.840899
PLN 4.218177
PYG 7805.279322
QAR 4.301341
RON 5.094507
RSD 117.37538
RUB 89.968813
RWF 1721.181058
SAR 4.424956
SBD 9.50786
SCR 16.181867
SDG 709.719337
SEK 10.611821
SGD 1.502053
SHP 0.88524
SLE 28.878401
SLL 24742.189014
SOS 672.815337
SRD 44.711638
STD 24421.821036
STN 24.464404
SVC 10.318418
SYP 13049.338421
SZL 18.846418
THB 37.452217
TJS 11.020671
TMT 4.141495
TND 3.410778
TOP 2.840948
TRY 51.355719
TTD 7.988478
TWD 37.335402
TZS 3044.518392
UAH 50.873625
UGX 4198.837225
USD 1.179913
UYU 45.451363
UZS 14456.291932
VES 438.503609
VND 30656.504801
VUV 141.066633
WST 3.216644
XAF 654.998412
XAG 0.013812
XAU 0.00024
XCD 3.188774
XCG 2.12539
XDR 0.813527
XOF 655.01227
XPF 119.331742
YER 281.26177
ZAR 18.991527
ZMK 10620.635681
ZMW 23.085215
ZWL 379.931569
  • CMSD

    -0.0600

    23.88

    -0.25%

  • SCS

    0.0200

    16.14

    +0.12%

  • CMSC

    -0.1200

    23.54

    -0.51%

  • BCC

    5.3900

    90.32

    +5.97%

  • RIO

    -0.0500

    96.32

    -0.05%

  • JRI

    0.0050

    13.125

    +0.04%

  • RBGPF

    0.1000

    82.5

    +0.12%

  • BCE

    0.2850

    26.385

    +1.08%

  • RYCEF

    -0.4000

    16.6

    -2.41%

  • NGG

    2.0800

    88.31

    +2.36%

  • RELX

    -0.5400

    29.97

    -1.8%

  • BTI

    -0.0650

    61.805

    -0.11%

  • GSK

    4.0700

    57.41

    +7.09%

  • AZN

    3.6000

    187.92

    +1.92%

  • VOD

    0.4650

    15.715

    +2.96%

  • BP

    0.3950

    39.215

    +1.01%

Meta's Sheryl Sandberg to step down from board
Meta's Sheryl Sandberg to step down from board / Photo: Vivien Killilea - GETTY IMAGES NORTH AMERICA/AFP/File

Meta's Sheryl Sandberg to step down from board

Meta's former chief operating officer, Sheryl Sandberg, announced that she is leaving the company's board after more than a decade.

Text size:

One of the most influential women in Silicon Valley, Sandberg, 54, will depart the board as the tech juggernaut behind Facebook, WhatsApp and Instagram faces increased regulatory scrutiny.

Sandberg said on Wednesday that she would not stand for re-election once her term ends in May, but would serve as an advisor to the company thereafter.

"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 posted on Facebook.

"Serving as Facebook's - and then Meta's - COO for 14½ years and a board member for 12 years has been the opportunity of a lifetime," she wrote.

Mark Zuckerberg, Meta CEO, thanked Sandberg for her work at the social media giant.

"Your dedication and guidance have been instrumental in driving our success and I am grateful for your unwavering commitment to me and Meta over the years. I look forward to this next chapter together!" Zuckerberg commented on her Facebook post.

Sandberg resigned as Meta COO in June 2022 after a tenure that included helping steer Facebook to advertising dominance.

A Harvard-educated executive, Sandberg joined Facebook when it was still a startup, playing a formative and often public-facing role in its development into a multi-billion dollar advertising empire that acquired Instagram and WhatsApp.

In 2021, the company rebranded as Meta in an effort to focus on its virtual reality vision for the future and move past its reputation as a scandal-plagued social network faced with scrutiny over how it handles privacy and data, as well as accusations that its products may cause harm to teens, public discourse and democracy.

Facebook was about four years old in 2008 when Sandberg came on board as a mature, guiding hand at a tech firm with the motto "move fast and break things."

Her job made her not only a recognizable face in tech but also a household name, particularly thanks to her 2013 book "Lean In: Women, Work, and the Will to Lead."

The best seller encouraged women to "lean in" to their careers to reach their full potential and overcome workforce obstacles.

It drew applause from admirers, who credited her with articulating a modern feminist vision, and sharp criticism from detractors who said her lofty position made her out of touch with the grueling personal costs of combining career and family.

H.Hajar--DT