Facebook shareholders complain about Zuckerberg’s power, call for breakup

Facebook shareholders complain about Zuckerberg’s power, call for breakup

5 years ago
Anonymous $9jpehmcKty

https://www.siliconvalley.com/2019/04/15/facebook-shareholders-complain-about-zuckerbergs-power-call-for-breakup/

Facebook CEO Mark Zuckerberg has too much power and it’s hurting the company, according to multiple shareholder proposals that will be considered at the company’s annual meeting — including one that calls for exploring strategic alternatives such as selling the tech giant’s other businesses.

Another proposal urges the company to appoint an independent board chair. Zuckerberg is both chief executive and chairman.