Meta Platforms announces COO Sheryl Sandberg's resignation
Joe Raedle         

Meta Platforms (NASDAQ:META) announced that Sheryl Sandberg informed the company of her decision to resign from COO position, effective Aug.1, and will continue to serve on company board.
She will continue to serve as an employee through Sep.30, 2022.
The board appointed Javier Olivan as COO.
She had informed of her decision to resign in early June.
SharesÂ trading 1.1% down premarket.