In his new job, he will continue to lead infrastructure and corporate development. 'Time to step up' against disinformation around Russia-Ukraine war, says Meta watchdog.
In that position, he has managed features and functions that span Facebook and Instagram as well as messaging apps WhatsApp and Messenger. Olivan, who according to media reports enjoys paragliding and surfing, has most recently served as chief growth officer. While overseeing its international moves, Olivan pushed Facebook's expansion into countries such as India, Japan, Russia, Indonesia and Brazil, according to an interview he gave in 2010 to VentureBeat. When he joined, Facebook was a young company with about 40 million users and now has nearly 3.6 billion users across Facebook and other apps such as Instagram. Olivan, who grew up in the Pyrenees region of northern Spain, holds degrees in electrical and industrial engineering from the University of Navarra and a master's in business administration from Stanford University.īefore joining Facebook in late 2007 as head of international growth, Olivan, 44, worked at Japan's NTT and Siemens. Spaniard Javier Olivan is taking over as the company's chief operating officer after playing a crucial but largely behind-the-scenes role stoking company's growth for 15 years. Sandberg said in her post that she will continue to serve on Meta's board after leaving the company in the fall. The second-in-command to founder Zuckerberg, who was 23 years old when he hired her, Sandberg is one of the most visible executives at the company and the lead architect of its often-criticised ads-based business model.īringing management experience and knowledge of the then-nascent digital ads industry, she transformed Facebook from a buzzy startup into a revenue behemoth, while also positioning herself as the face of feminism in corporate America.Īt the time, Facebook was making $272 million (€255 million) in revenue, for a net loss of $56 million (€52.5 million), according to regulatory filings. Meta ended 2021 with revenue of $118 billion (€110 billion) and earnings of $39.4 billion (€37 billion). Sandberg's departure marks an end of an era for Meta, which is shifting focus toward hardware products and the "metaverse" after years of scandals over privacy abuses and the spread of conspiratorial content on its platforms, as well as plateauing user growth on its flagship app Facebook. The metaverse could add $3 trillion to the global economy within a decade, new study suggests.
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