Javier Olivan will be the new Chief Operating Officer (COO) of Meta, as announced by company CEO Mark Zuckerberg. His elevation came soon after Sheryl Sandberg announced her departure from Meta, after 14 years of service. Olivan's speculated net worth is around 15-20 million dollar.
Olivan joined Meta(formerly known as Facebook) in October 2007 as Head of International Growth. Olivan had been associated with Meta when the company had less than 50 million users. He is 'one of the most influential people in Facebook's history' as described by Mark Zuckerberg. Olivan helped the company to build a 2+ billion-strong community across the globe. Once Facebook was restricted to the US only and it was often identified as an American social network platform. However, over 87% of Facebook's users now come from outside the US. Without a doubt Olivan played a major role in Facebook's stupendous growth globally. Olivan had the charge to build facebook globally. In January 2022, he was promoted as the Chief Growth Officer & VP, Cross-Meta Products and Infrastructure..
Currently, the company is facing few challenges like the 40% drop in share price and sluggish revenue growth due to economic slowdown and Apple's privacy changes. Moreover, India is the biggest market of Meta with 53 crore users of WhatsApp, 41 crore users of Facebook, and 21 crore users of Instagram. Being the largest market, Meta had also seen a slower user growth in India due to the data price hike by telecom operators Reliance Jio, Bharti Airtel, and Vodafone Idea. And at this juncture Olivan is tasked to play the role of COO.
Olivan, before joining Meta, worked as a product manager at Siemens Mobile. He had also worked for NTT in Japan developing software that enabled high-quality mobile video transmission.
Also Read | PhysicsWallah : From Youtube Channel to India's first profitable edtech unicorn
Born in the Pyrenees mountains of Spain, Olivan Olivan studied electrical and industrial engineering at the University of Navarra. Later, he moved to the US to pursue an MBA from Stanford University’s Graduate School of Business. He currently lives with his family in Palo Alto, California.
