Thursday, May 30, 2019

I’m CEO, B*tch: Facebook Investor Revolt Won’t Stop Mark Zuckerberg

By CCN: Facebook founder and CEO Mark Zuckerberg will face another symbolic vote today to oust him as chairman of the board. Facebook shareholders NorthStar Asset Management and Trillium Asset Management have long sought to remove Zuckerberg as the company’s chairman. The vote to repeal and replace Mark Zuckerberg with someone better for Facebook’s health will take place at the annual stockholder meeting in Menlo Park, California. Investor Group Wants Zuck Out: ” dual-class shareholdings give him approximately 60% of Facebook's voting shares, leaving the board, even with a lead independent director, with only a limited ability to check Mr.

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from CCN http://bit.ly/2XfCilS

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