"Taking over the company's timeline in the middle of the fall is a big challenge."
The news of Sheryl Sandberg’s departure as Chief Operating Officer (COO) of Meta Platforms Inc. after serving for 14 years turned out to be heartbreaking for Mark Zuckerberg.
However, the mourning period did not last long when the company once known as Facebook appointed Chief Growth Officer Javier Olivan as its new COO.
Olivan who joined Facebook in 2007 has been a key backbone in sparking the company’s rapid growth for nearly 15 years, from just 40 million users to nearly 3.6 billion worldwide.
In addition, Olivan has also been a key character in the merger of the Facebook app with Instagram and WhatsApp, making the company the world’s leading social media leader.
It is understood that Olivan will continue Sandberg's duties in leading infrastructure and corporate development as well as being assigned to advertising and business products.
In separate news, behind the announcement of the new COO also emerged the controversial issue of Meta which continues to obscure sentiment.
The issue of Facebook’s regulator and former product manager, Frances Haugen, who leaked inside information about how the company made a profit resurfaced.
A year ago Haugen had revealed that Facebook had made a profit by risking user safety through the sale of personalized alerts to advertising companies.
Thus, it will indirectly add pressure to Olivan in ensuring that all the company's operations comply with privacy as well as revive the company's performance which has been declining for a long time.
