Sheryl Sandberg leaves the position of Meta's chief operating officer

Sheryl Sandberg leaves the position of chief operating officer of Meta.

Sandberg leaves in the fall after 14 years in the company.

The announcement is entrusted to a long post on Facebook.

"When I met Mark I wasn't looking for a job, and I never imagined that meeting would change my life. Being close to Mark these 14 years has been an honor and a privilege," writes Sandberg.

“It was a decision I didn't take lightly. I want to make more room for philanthropy and my foundation,” she adds.

Javier Olivan will take over as Meta's chief operating officer, replacing Sheryl Sandberg.

Mark Zuckerberg announces it.

"It is the end of an era. I will miss him at the helm of the company," says Zuckerberg of Sandberg's step back.

eta closes down on Wall Street with Sheryl Sandberg's step backwards.

Stocks are down 2.58%.