Tuesday, November 4, 2025
  • Login
Euro Times
No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
Euro Times
No Result
View All Result

Who Is Mark Zuckerberg’s New No. 2? It’s a Trick Question.

by Sheera Frenkel and Mike Isaac
June 3, 2022
in Technology
Reading Time: 6 mins read
A A
0
Home Technology
Share on FacebookShare on Twitter


For greater than a decade, Mark Zuckerberg and Sheryl Sandberg started and ended every week by assembly collectively.

The symbolism of the ritual was clear. It was supposed to sign that Mr. Zuckerberg, the chief govt of Meta, and Ms. Sandberg, the chief working officer, had been in lock step with one another on the prime of the corporate.

However when Ms. Sandberg, 52, stated on Wednesday that she would step down from Meta this fall, she crystallized an unstated change on the tech big: Mr. Zuckerberg not has any clear No. 2.

Whereas Mr. Zuckerberg named Javier Olivan, a longtime govt, to take over Ms. Sandberg’s job when she departs, the significance of the chief working officer position has diminished at Meta, which was previously often known as Fb. Mr. Zuckerberg, 38, as an alternative has 4 executives who’ve equally giant

tasks and who reply to and run main selections by him.

Mr. Zuckerberg made the structural shift as a result of he wished to consolidate his management over all arms of the corporate, three folks near him stated. Whereas Mr. Zuckerberg has all the time been the undisputed boss, with a majority of the corporate’s voting shares, he shared energy with Ms. Sandberg when he was a youthful businessman and wanted assist increasing the corporate. However with greater than 18 years of expertise beneath his belt, he needs to train all of his energy and be recognized extra clearly as Meta’s sole chief, the folks stated.

The 4 prime lieutenants are Andrew Bosworth, the chief know-how officer; Nick Clegg, the president of world affairs; Chris Cox, the chief product officer; and Mr. Olivan, who was the pinnacle of development, Mr. Zuckerberg stated in a Fb message about Ms. Sandberg’s exit on Wednesday.

Every of the 4 males has main tasks. Mr. Clegg is the general public face and ambassador for Meta, whereas Mr. Bosworth is pushing the corporate into the immersive world of the so-called metaverse. Mr. Cox oversees Meta’s household of apps — Instagram, WhatsApp, Messenger and Fb — and Mr. Olivan will likely be accountable for analytics, infrastructure and development.

However none of them have as a lot energy as Ms. Sandberg used to, when she successfully ran all the enterprise operations whereas Mr. Zuckerberg centered on growing Fb’s merchandise.

Mr. Zuckerberg alluded to the ability shift on Wednesday in his Fb put up. He stated he didn’t “plan to interchange Sheryl’s position in our present construction,” including that Meta “has reached the purpose the place it is sensible for our product and enterprise teams to be extra intently built-in, slightly than having all of the enterprise and operations capabilities organized individually from our merchandise.”

R.A. Farrokhnia, a professor at Columbia’s Enterprise and Engineering Faculties, stated the shift in administration construction made sense as Meta invested within the metaverse and moved away from the social networking mannequin that Ms. Sandberg constructed an promoting enterprise for and championed for years.

“Transferring on this path requires a extra decentralized — and extra conventional — governance construction,” Mr. Farrokhnia stated. “You could have a number of folks coming collectively the place the sum of the elements turns into a lot bigger.”

A spokesman for Meta declined to remark and declined to supply interviews with executives.

For years, Mr. Zuckerberg and Ms. Sandberg had clear-cut tasks, which staff also known as the “Sandberg aspect” and “Mark aspect.” Ms. Sandberg ran the enterprise, coverage and authorized groups with quite a lot of autonomy, whereas Mr. Zuckerberg was chargeable for the engineering and product groups.

Javier OlivanCredit score…Meta

That started altering in 2020 after Fb handled scandals involving privateness, misinformation and different poisonous content material on the platform. Mr. Zuckerberg instructed his groups that he was accomplished apologizing and wished to focus extra time and a focus on progressive merchandise that the corporate was designing.

Since then, Mr. Zuckerberg has assumed extra management over public messaging and coverage selections, which Ms. Sandberg used to deal with. He additionally introduced in hires with public coverage experience and promoted longtime executives who had been loyal to his imaginative and prescient.

Three executives he promoted had been Mr. Bosworth and Mr. Cox, who’ve been on the firm for 16 years, and Mr. Olivan, who joined practically 15 years in the past. They had been amongst Mr. Zuckerberg’s earliest recruits, and had been instrumental in constructing the earliest variations of Fb.

Andrew BosworthCredit score…Meta

Mr. Olivan, 44, who is understood internally as Javi, joined Fb as head of worldwide development and rose steadily by means of the ranks. He’s not a family title however oversaw Fb’s speedy growth and was intently concerned with sustaining the corporate’s technical infrastructure.

Mr. Bosworth, 40, is seen as an enthusiastic and typically brash cheerleader for Mr. Zuckerberg’s imaginative and prescient. In January, he was promoted to be the subsequent chief know-how officer. He oversees the digital and augmented actuality labs, which make merchandise just like the Quest digital actuality headsets which can be on the coronary heart of Mr. Zuckerberg’s push for the metaverse. He and Mr. Zuckerberg are additionally shut pals who trip collectively.

Mr. Cox, 39, who grew to become chief product officer in 2005, has usually been described by staff as the center of the corporate. He left Fb in March 2019 however returned in June 2020, prompting hypothesis that Mr. Zuckerberg might have been signaling him as a successor.

Throughout Mr. Cox’s absence, a few of his groups had been reassigned to report on to Mr. Zuckerberg or different executives, stated two senior Meta staff who’ve labored with Mr. Cox since his return. They stated he had not assumed the kind of expansive position he as soon as had with hundreds of engineers reporting to him.

Christopher CoxCredit score…Meta

Mr. Clegg, 55, joined the corporate in 2018 after a profession in British politics, together with a stint as deputy prime minister. Ms. Sandberg employed him to take over dealing with Fb’s thorny political points globally, a job that was as soon as hers. Over time, he has turn into a type of de facto head of state for the corporate, coping with world governments and advocating for Meta at a regulatory stage. In February, he was promoted to president of world affairs, reporting to Mr. Zuckerberg.

At Meta, insiders have lengthy speculated over who a possible successor to Mr. Zuckerberg can be, ought to he ever depart. Ms. Sandberg’s impending departure has now shortened that listing and left no clear solutions.

“Over time, few people apart from Sheryl have emerged as a possible successor to Mark,” stated Katie Harbath, a director of public coverage at Meta who left the corporate final yr. “It is sensible for Mark to need choices for attainable successors.”

She added: “It may be dangerous to solely give attention to one particular person.”



Source link

Tags: markQuestiontrickZuckerbergs
Previous Post

Miami GOP embraces Jan. 6 seditionists; Biden wipes $5.8 billion of student debt

Next Post

Indian mills waiting to export 1.5 MT sugar after selling 8.5 MT

Related Posts

T-Mobile customers are getting an unexpected alert that their DashPass perks are gone

T-Mobile customers are getting an unexpected alert that their DashPass perks are gone

by Ryan McNeal
November 4, 2025
0

Joe Maring / Android AuthorityTL;DR Some T-Cellular customers are receiving a textual content message from the service saying that their...

Nintendo is raising its Switch 2 sales expectations

Nintendo is raising its Switch 2 sales expectations

by Jess Weatherbed
November 4, 2025
0

The Swap 2’s recognition has exceeded even Nintendo’s anticipations, with the corporate elevating its gross sales forecast for the console...

Logitech is going after keyboard snobs with the hot-swappable Alto Keys K98M

Logitech is going after keyboard snobs with the hot-swappable Alto Keys K98M

by Jackson Chen
November 4, 2025
0

Logitech is hoping to draw all of the keebheads on the market with its newest Alto Keys K98M. Whereas this...

Elad Gil on which AI markets have winners — and which are still wide open

Elad Gil on which AI markets have winners — and which are still wide open

by Julie Bort
November 3, 2025
0

Solo VC investor extraordinaire Elad Gil stated on stage at TechCrunch Disrupt that AI has been one of many least...

Indian digital payments company Pine Labs prices its IPO at  to .5/share, valuing it at .9B at the top end of the range, down from a B valuation in 2022 (Jagmeet Singh/TechCrunch)

Indian digital payments company Pine Labs prices its IPO at $2 to $2.5/share, valuing it at $2.9B at the top end of the range, down from a $5B valuation in 2022 (Jagmeet Singh/TechCrunch)

by Euro Times
November 3, 2025
0

Featured Podcasts Decoder with Nilay Patel: Lyft CEO David Risher on paying drivers extra and the shift to robotaxis A...

I tucked a stealthy  tracker into my favorite jacket – now I no longer travel without it

I tucked a stealthy $15 tracker into my favorite jacket – now I no longer travel without it

by Adrian Kingsley-Hughes
November 3, 2025
0

Elevation Lab TagVault material mounting tag ZDNET's key takeaways Elevation Lab's TagVault is $14.99 on Amazon, and is available in...

Next Post
Indian mills waiting to export 1.5 MT sugar after selling 8.5 MT

Indian mills waiting to export 1.5 MT sugar after selling 8.5 MT

Tesla Pauses Hiring, Musk Says Need to Cut Staff by 10%: Reuters

Tesla Pauses Hiring, Musk Says Need to Cut Staff by 10%: Reuters

Russia’s G20 summit delegation revealed — RT World News

Russia’s G20 summit delegation revealed — RT World News

November 4, 2025
High Dividend 50: Hess Midstream LP

High Dividend 50: Hess Midstream LP

November 4, 2025
Nemocare’s Manoj Sankar Empowers Changemakers at Adani Green Talks

Nemocare’s Manoj Sankar Empowers Changemakers at Adani Green Talks

November 4, 2025
‘Growing anti-Hindu sentiment’: Indian-origin Congressman slams JD Vance over remarks about wife Usha’s faith

‘Growing anti-Hindu sentiment’: Indian-origin Congressman slams JD Vance over remarks about wife Usha’s faith

November 4, 2025
T-Mobile customers are getting an unexpected alert that their DashPass perks are gone

T-Mobile customers are getting an unexpected alert that their DashPass perks are gone

November 4, 2025
India, Israel sign pact to boost defence cooperation and technology sharing

India, Israel sign pact to boost defence cooperation and technology sharing

November 4, 2025
Euro Times

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Finance
  • Health
  • Investing
  • Markets
  • Politics
  • Stock Market
  • Technology
  • Uncategorized
  • World

LATEST UPDATES

Russia’s G20 summit delegation revealed — RT World News

High Dividend 50: Hess Midstream LP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In