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Facebook must do some 'deep soul looking' about Mark Zuckerberg's power after a huge shareholder revolt

Some 68% of unbiased Facebook shareholders voted to take away Mark Zuckerberg as chairman on the company's annual investor assembly.
Some 68% of independent Facebook shareholders voted to remove Mark Zuckerberg as chairman at the firm's annual investor meeting.

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Author: Jake Kanter

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Jake Kanter has recently written 6 articles on similar topics including :
  1. "Bad actors installed the surveillance technology by phoning the target through WhatsApp's call functionality, according to the Financial Times". (May 14, 2019)
  2. "Shareholders will vote on two proposals to overhaul Facebook's governance at the social network's annual shareholder meeting on May 30". (April 13, 2019)
  3. "Facebook was roasted in a devastating report by British lawmakers on Monday". (February 19, 2019)
  4. "'Arrogance is not a substitute for good corporate governance,' said Michael Connor, who helped coordinate action among activist Facebook investors". (June 4, 2019)
  5. "Activist Facebook investors will on Thursday vote on whether to fire Mark Zuckerberg as chairman and rip up the firm's dual-class share structure". (May 30, 2019)
  6. "In putting out a fire over privacy, Mark Zuckerberg needs to be careful that he doesn't throw oil over another burning issue at Facebook". (March 22, 2019)
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