There are new changes going around META, previously known as Facebook as Sheryl Sandberg steps down and Javier Olivan takes the position of the new position of COO.
Sheryl Sandberg is removing herself from the position of Chief Operating Officer at Meta. She joined Facebook in early 2008 as an assistant and overall supervisor of CEO Mark Zuckerberg.
Now, Javier Olivan previously the company’s chief growth officer shall take the role and responsibilities of COO after Sheryl steps down from the position. However, she shall serve on Meta’s board of directors.
Who Is New META COO Javier Olivan?
Javier Olivan is a newly appointed Meta Coo who had formerly held the responsibility of chief growth officer in Facebook now referred to as META.
Olivan is an exceptional employee as he has worked with Meta for 14 years. Before joining Meta he had his own series of accomplishments, he joined Facebook in 2007 where is hold the job title of Head of International Growth for 3 years.
Likewise, He was promoted to VP of growth which was from 2011-to 2018, where he led all growth efforts of the organization. Later, he was promoted to VP of central products which lasted for 2 years where he led four major apps Facebook, Instagram, Whatsapp, and Messenger.
Finally, he was promoted to Chief Growth Officer in Jan 2022 and after holding the position for only six months he is promoted to COO where he shall oversee all operations of the META.
Javier Olivan Wikipedia And Biography
Javier Olivan has completed a Master of Business Administration from Stanford University and a master’s degree in electrical and industrial engineering from the University of Navarra.
Currently, Javier Olivan oversees the communication & Sales industry as well including his colleagues of 33,813 people in 2,766 companies located in 76 countries with the movements of 15,655 employees in the last 12 months.
Needless to say, both Sandberg and Olivan were the key individuals for Meta to function well, thus it is likely that Olivan has to take significant responsibilities due to departure of Sandberg.
Javier Olivan Net Worth & Linkedln Details
Javier Olivan’s earnings as CGO was likely $225k-$250k yearly with the commission which shall two times the salary and equity option with one point equity.
Likewise, CCO earns around $250k-$300k yearly with two times the commission and one and a half point equity option as well.
Thus, it is speculated that Javier Olivan’s net worth is around 15-20 million dollars by evaluating his stocks, investments, and salary from the Meta.