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Form 8-K · Current Report · Filed 2024-01-18

Sheryl Sandberg to Depart Meta Board in 2024

On January 16, 2024, Sheryl Sandberg, a director of Meta Platforms, Inc., announced her decision not to stand for re-election to the Company's Board of Directors at the 2024 Annual Meeting of Shareholders.

Filer
Meta Platforms Inc. META · NASDAQ
Filed
Accession
0001326801-24-000003
CIK
0001326801
Signal
Medium impactCommunication Services

Details

Ms. Sandberg will continue to serve as a director until the Annual Meeting date.

Items reported

Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

Board Member Departure

Market reaction

Close before filing

$368.37

Next session

+4.1%

Since filing

+51.1%

Latest close

$556.71

What happened, not what will happen — closing prices around the filing date.

About Meta Platforms Inc.

Meta Platforms Inc., commonly known as Meta, is a leading technology conglomerate focused on building integrated social media and technology solutions. The company owns and operates several pivotal platforms such as Facebook, Instagram, WhatsApp, and Oculus, which serve billions of users globally, making it a cornerstone in the digital communication and social networking industries. Meta is renowned for its continuous innovation in connecting people and businesses through its expansive suite of applications and services. A defining feature of Meta is its ambitious development of the metaverse, a virtual reality space where users can interact in a computer-generated environment, highlighting the company's commitment to pioneering new forms of digital interaction. Meta plays a significant role in digital marketing as one of the largest advertising platforms, providing businesses with tools to reach targeted audiences. This positions Meta as a crucial player in shaping the future of digital communication, social interaction, and virtual environments on a global scale.

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