For more than a decade, Mark Zuckerberg and Sheryl Sandberg began and ended their weekly reunion.
The symbolism of the ritual was clear. He wanted to point out that Mr. Zuckerberg, CEO of Meta, and Ms. Sandberg, the chief operating officer, was at a standstill with each other at the top of the company.
But ladies. Sandberg, 52, said he would leave Meta on Wednesday this fall, crystallizing an unspoken change in the tech giant: Mr. Zuckerberg no longer has any light. bi.
Mr. Zuckerberg appointed Javier Olivan, a long-time executive, to take the lady. When Sandberg’s job is to do departments, Metan, formerly known as Facebook, has diminished the importance of his role as chief operating officer. Sir. Zuckerberg, 38, replaces four high-profile executives who respond to and direct important decisions he makes.
Sir. Zuckerberg made a structural change because he wanted to strengthen control of all the company’s arms, three of his close friends said. Mr. Zuckerberg has always been an undisputed leader, with a majority of the company’s voting shares, with the lady who shared power. Sandberg was a younger businessman and had to help expand the company. But with more than 18 years of experience, the citizen has said he wants to use all his power and identify more clearly that he is the only leader of Meta.
The four senior lieutenants are Andrew Bosworth, chief technology officer; Nick Clegg, President of Global Affairs; Chris Cox, CEO of Products; and Mr. Olivan, who was the head of growth, Mr. Zuckerberg said in a Facebook post about the lady. Sandberg departure on Wednesday.
Each of the four men has great responsibilities. Sir. Clegg is Meta’s public face and ambassador, and Mr. The Bosworth company is pushing the immersive world of the so-called metaverse. Sir. Cox oversees the Meta app family – Instagram, WhatsApp, Messenger and Facebook – and Mr. Olivan will be in charge of analytics, infrastructure and growth.
But none of them have as much power as the lady. It was done by Sandberg when he effectively managed all the business operations. Zuckerberg focused on developing Facebook products.
Sir. Zuckerberg referred to the power change on his Facebook page on Wednesday. He said he did not intend to “replace Sheryl’s role in our existing structure,” adding that Meta “has reached a point where it makes more sense to integrate our products and business teams more closely, rather than having all our business and operations separate from our products.”
RA Farrokhnia, a professor at the Columbia School of Business and Engineering, said the change in management structure made sense when she invested in Meta metaberse and moved away from the social media model. Sandberg built an advertising business and defended it for many years.
“Moving in this direction requires a more decentralized and traditional government structure,” he said. said Farrokhnia. “You meet a lot of people where the sum of the parts is much higher.”
A Meta spokesperson declined to comment and declined to interview the directors.
Over the years, Mr. Zuckerberg and Ms. Sandberg had clear responsibilities, which employees often called the “Sandberg difference” and the “Mark difference”. Madam. Sandberg led the business, political, and legal groups with great autonomy, and Mr. Zuckerberg was in charge of engineering and product teams.
That began to change in 2020 after Facebook faced scandals over privacy, misinformation and other toxic content on the platform. Sir. Zuckerberg told his team that he had finished apologizing and wanted to focus more time and attention on the innovative products the company was designing.
Since then, Mr. Zuckerberg has taken more control over public messages and political decisions, Ms. It was handled by Sandberg. He also hired public policy experts and promoted long-time executives who were loyal to his vision.
He promoted three executives to Mr. Bosworth and Mr. Cox, who has been with the company for 16 years, and Mr. Olivan, who joined almost 15 years ago. Mr. they were among them. Zuckerberg’s first recruits, and they were instrumental in building the first versions of Facebook.
Sir. Olivan, 44, known internally as Javi, joined Facebook as a leader in international growth and steadily rose through the ranks. It’s not known, but he oversaw Facebook’s rapid deployment and was heavily involved in maintaining the company’s technical infrastructure.
Sir. Bosworth, 40, Mr. Zuckerberg’s view. In January, he was promoted to the next chief technology officer. He oversees virtual and augmented reality labs, which Mr. Zuckerberg pushes the metaverse. He and Mr. Zuckerberg is also a close friend who goes on holiday together.
Sir. Cox, 39, who became chief product officer in 2005, has often been described by employees as the heart of the company. He left Facebook in March 2019, but returned in June 2020, Mr. Zuckerberg may be nominated as heir.
Mr. Due to Cox’s absence, some of his teams were reassigned to Mr. According to Zuckerberg or other executives, Mr. Since Cox returned. He said he did not assume the kind of expansive role he once played in informing thousands of engineers about it.
Sir. Clegg, 55, joined the company in 2018 after a career in British politics, including a stint as deputy prime minister. Madam. Sandberg hired Facebook to take charge of managing thorny political issues worldwide, a task that was once his. Over time, he has become a de facto head of state for the company, dealing with world governments and at the regulatory level in favor of Meta. In February, he rose to become president of global affairs, Mr. Zuckerberg.
Metan, insiders have long speculated who Mr. It would be Zuckerberg if he ever left. Madam. Sandberg’s next outing has shortened that list and left no clear answer.
“Over the years, not a few people other than Sheryl have emerged as a potential successor to Mark,” said Katie Harbath, Meta’s director of public policy who left the company last year. “It makes sense that Mark wants opportunities for the next generation.”
He added: “It can be dangerous to focus on just one person.”