CURRENT AFFAIRS

Detailed explanation-1: -Javier Olivan, who has led the company’s growth efforts for years, will take Sandberg’s place as COO when she formally steps down in the fall. Sandberg joined Facebook in 2008 and was key to turning it into a social media giant that generated almost $120 billion in revenue last year.

Detailed explanation-2: -Mark Zuckerberg’s Sheryl Sandberg Replacement Has Long Been Meta’s Top Fixer. Javier Olivan, the architect of Facebook’s grow-at-all-costs strategy, needs to keep it going.

Detailed explanation-3: -In his new role as the COO, Olivan will continue to drive infrastructure and corporate growth at Meta, while also overseeing advertising and business products on the platform, as announced by CEO Mark Zuckerberg in a Facebook post on Wednesday.

Detailed explanation-4: -Javier Olivan, Meta’s New COO, Is The Company’s Unofficial Fixer.

Detailed explanation-5: -Javier Olivan is chief operating officer at Meta, where he oversees the firm’s business teams, as well as the infrastructure and central products for the company’s family of apps. He joined the company then called Facebook in 2007 and previously served as Meta’s chief growth officer.