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Powerful Facebook Investors Just Co-Filed a Proposal to Take Down Mark Zuckerberg as Chairman
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Facebook Investors are Making Another Dramatic Bid to Oust Mark Zuckerberg and Abolish the Firm’s Share Structure

Business Insider

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...

Mentions: Management Investors SEC