Tuesday, April 16, 2024
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Sheryl Sandberg formally stepped down from her publish as Meta COO in August, however the firm will proceed to pay for her private safety into 2023, Reuters studies. The board, citing “persevering with threats to her security,” agreed to pay for safety providers from October 1st by June thirtieth, 2023, with safety out there to Sandberg at her residences and whereas she is touring. 

It is unclear what threats Sandberg has been receiving that may warrant the corporate paying for persevering with safety after she has resigned. We have requested Meta for remark and can replace this story if the corporate chooses to elaborate.

Sheryl Sandberg joined Meta in 2008, and her final official day as an worker was September thirtieth. Going ahead, she’s going to proceed to serve on Meta’s board and obtain compensation as a non-employee director. Although Sandberg apparently resigned of her personal volition, her ultimate chapter on the firm was marred by private scandal. Earlier this yr, The Wall Street Journal reported that Sandberg used firm assets to assist kill unfavourable reporting about Activision CEO Bobby Kotick, who she was stated to be courting on the time. 

Two months later, the Journal additionally reported that Meta had launched an inner investigation into Sandberg’s use of firm assets, and that the inquiry truly prolonged again “a number of years.” In addition to the allegations about defending Kotick from unfavourable press, Sandberg was additionally reportedly being investigated for presumably utilizing firm funds to pay for her 2022 wedding ceremony. Meta legal professionals had been additionally reportedly wanting into whether or not and the way Facebook workers helped Sandberg and her basis, Lean In, promote her newest ebook, Option B.

Sandberg’s ultimate years on the job had been additionally marked by a sequence of firm crises, together with the 2019 Cambridge Analytica scandal; allegations of enabling genocide in Myanmar; shrinking income earlier this yr; and a change final yr in iOS’s strategy to third-party app monitoring that undercut the core of Meta’s enterprise mannequin. 

It will not be uncommon for Facebook to speculate closely on private safety for its high executives. In 2020, the corporate reportedly spent $23.4 million in 2020 to guard CEO Mark Zuckerberg. However, the board’s announcement on Friday comes days after Meta was reported to have suspended all hiring, with a warning of doable layoffs on the way in which, making for some probably awkward optics. 

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