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 stories. The board, citing “persevering with threats to her security,” agreed to pay for safety providers from October 1st by way of June thirtieth, 2023, with safety accessible to Sandberg at her residences and whereas she is touring.
It’s unclear what threats Sandberg has been receiving that will warrant the corporate paying for persevering with safety after she has resigned. We now 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. Though Sandberg apparently resigned of her personal volition, her remaining chapter on the firm was marred by private scandal. Earlier this 12 months, The Wall Road Journal reported that Sandberg used firm assets to assist kill damaging 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 inside investigation into Sandberg’s use of firm assets, and that the inquiry really prolonged again “a number of years.” Along with the allegations about defending Kotick from damaging press, Sandberg was additionally reportedly being investigated for probably utilizing firm funds to pay for her 2022 wedding ceremony. Meta legal professionals have been additionally reportedly wanting into whether or not and the way Fb workers helped Sandberg and her basis, Lean In, promote her newest e book, Possibility B.
Sandberg’s remaining years on the job have 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 12 months; and a change final 12 months in iOS’s strategy to third-party app monitoring that undercut the core of Meta’s enterprise mannequin.
It’s not uncommon for Fb 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. Nonetheless, 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 doubtlessly awkward optics.
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