There was an unpleasant issue that hit Sheryl Sandberg after announcing her resignation as Meta's Chief Operating Officer. He was accused of using company assets for his wedding.
Sources from The Wall Street Journal said Sandberg was asked to give up his position because the company was conducting an investigation into his activities, including an investigation into the use of company resources to help plan his wedding.
Sandberg herself announced her engagement in 2020 to Tom Bernthal, founder and CEO of a Los Angeles-based consulting firm. Reportedly the wedding procession will be held this summer.
The review process has been ongoing since last May. Investigators are also investigating allegations that Sandberg pressured the UK's Daily Mail to stop articles about Sandberg's ex-girlfriend, CEO of Activision Blizzard Inc. Bobby Kotick, and a temporary restraining order against him in 2014.
"All of this had nothing to do with his personal decision to leave," Caroline Nolan, a spokeswoman for Meta, told the WSJ. Nolan had previously said that the Kotick issue had been resolved.
In the WSJ report, Sandberg had "told people that he was feeling tired and that he had become a sack of power for company trouble."
The news is similar to reports former and Meta employees recently told Kali Hayes and Claire Atkinson of Insider that Sandberg is slowly losing power at the company.
Previously reported, Sandberg resigned from his position as Chief Operating Officer of Facebook and its parent company Meta. Sandberg is the right-hand man of Meta CEO Mark Zuckerberg and has held the position of number two at the company for 14 years.
Sandberg first joined Facebook in 2008 and played a role in bringing Facebook/Meta to be a giant in the world of technology and advertising, even reaching a market valuation of USD 1 trillion in 2021.
The 52-year-old woman will leave her position next fall after completing the transition process with Zuckerberg. Even so, he will remain a member of Meta's board of directors.