Sheryl Sandberg officially step down From her position as Meta COO CEO in August, but the company will continue to pay for its personal security through 2023, Reuters reports. Noting “ongoing threats to her safety,” the board agreed to pay for security services from October 1 through June 30, 2023, while providing protection for Sandberg in her residences and while she travels.
It is not clear what threats Sandberg has received that would cause the company to pay for continued protection after her resignation. We’ve asked Meta for comment and will update this story if the company chooses to dwell.
Sheryl Sandberg joined Meta in 2008, and her last official day as an employee was September 30. From now on, she will continue to serve on the Meta Board of Directors and will receive compensation as a non-employee director. Although Sandberg apparently resigned of her own volition, her final chapter in the company was marred by a personal scandal. earlier this year, The Wall Street Journal mentioned That Sandberg used company resources to help kill negative reports about Activision CEO Bobby Kotick, whom she was said to be dating at the time.
After two months , magazine I also mentioned this is dead I started an internal investigation in Sandberg’s use of company resources, and that the investigation has already stretched into “several years”. In addition to allegations about protecting Kotick from negative press, Sandberg has also reportedly been investigated for possibly using company money to pay for Her wedding in 2022. Meta’s lawyers were also reportedly looking into whether and how Facebook employees helped Sandberg and her foundation, Lean In, promote her latest book, option b.
Sandberg’s final years on the job were also marked by a series of company crises, including 2019 Cambridge Analytica scandal; the allegations to enable genocide in Myanmar; revenue shrinking earlier this year; And the Change last year In iOS’s approach to tracking third-party apps that undermines the core of Meta’s business model.
It’s not unusual for Facebook to invest heavily in the personal security of its top executives. In 2020, the company is reported to Spent $23.4 Million in 2020 To protect CEO Mark Zuckerberg. However, the board’s announcement on Friday comes days after Meta Reported suspending all hiring, with a warning of potential layoffs on the way, making some awkward optics.
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