1. Facebook Investors are Making Another Dramatic Bid to Oust Mark Zuckerberg and Abolish the Firm’s Share Structure

    Facebook Investors are Making Another Dramatic Bid to Oust Mark Zuckerberg and Abolish the Firm’s Share Structure

    Facebook’s activist shareholders are making another attempt to fire Mark Zuckerberg as chairman and rip up the company’s share structure. They will vote on two proposals to overhaul Facebook’s governance at the social network’s annual shareholder meeting on May 30. Some investors are unhappy about the tsunami of scandals that have engulfed Facebook and believe that Zuckerberg has too much power. Their chances of success are extremely slim, however...

    Read Full Article

    Login to comment.

  1. Categories

    1. BoardProspects Features:

      BoardBlogs, BoardKnowledge, BoardMoves, BoardNews, BoardProspects Announcements, BoardProspects CEO, CEO Blog, In the News, Partner Publications, Sponsored Content
  2. Quotes

    1. We believe our board of directors is functioning effectively under its current structure, and that the current structure provides appropriate oversight protections.
    2. Fake news, election interference, and threats to our democracy -- shareholders need more than deny, deflect, and delay. We urge shareholders to vote FOR a recapitalization plan for all outstanding stock to have one vote per share.
    3. We believe that our capital structure is in the best interests of our stockholders and that our current corporate governance structure is sound and effective.
  3. Topics Mentioned

  4. Authors