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Pension fund officials in four states want Facebook CEO Mark Zuckerberg removed as chairman

Public officials in four states say they wan.....»»

Category: topSource: latimesOct 17th, 2018

Large Facebook investors call for CEO Mark Zuckerberg to give up chairman role

Public pension fund leaders from New York, Illinois, and three other states renewed their call for Facebook Chief Executive Mark Zuckerberg to abdicate his role as chairman, citing escalating support among outside investors in the company......»»

Category: topSource: marketwatchJun 5th, 2019

‘Akin to a Dictatorship.’ Huge Pension Fund Calls on Mark Zuckerberg to Drop Facebook’s Dual-Class Share System

Mark Zuckerberg is currently in an unassailable position. The U.S.’s second-largest pension fund has called on Facebook to end the dual-class sha.....»»

Category: europeSource: fortuneMay 10th, 2018

Facebook, Inc. (NASDAQ:FB) Directors Sued

Facebook, Inc. (NASDAQ:FB) Directors Sued A pension fund sued Facebook Inc. directors for being too accommodating when co-founder Mark Zuckerberg sought to create non-voting shares so he could retain con.....»»

Category: topSource: livetradingnewsSep 13th, 2018

The Wall Street Journal: Big Facebook shareholders back move to remove Zuckerberg as chairman

Several public funds with holdings in Facebook Inc., including New York City’s pension funds, are backing a shareholder proposal to push out Chief Executive Mark Zuckerberg as chairman of the social-media giant’s board of directors......»»

Category: topSource: marketwatchOct 17th, 2018

Officials condemned the naming of a San Francisco hospital after Mark Zuckerberg and Priscilla Chan, saying misinformation on Facebook endangered public health

The hospital named after Chan and Zuckerberg "should not bear the name of a person responsible for endangering pu.....»»

Category: topSource: businessinsiderDec 17th, 2020

Billionaire George Soros says Mark Zuckerberg and Sheryl Sandberg should be removed from their leadership positions at Facebook (FB)

Justin Sullivan / David Ramos / Getty Images Billionaire George Soros is calling for Facebook chief executive Mark Zuckerberg and COO Sheryl Sandberg to be "removed from control of Facebook."  Writing to the Financial Ti.....»»

Category: topSource: businessinsiderFeb 18th, 2020

Soros says Zuckerberg and Sandberg should be removed from Facebook control

Financier George Soros argued in a letter to the editor of the Financial Times that CEO Mark Zuckerberg and CFO Sheryl Sandberg should be "removed from control" of Facebook . "Facebook does not nee.....»»

Category: topSource: marketwatchFeb 18th, 2020

Facebook’s Mark Zuckerberg seeks to reassure wary lawmakers about Libra, elections in rare D.C. trip

Facebook chief executive Mark Zuckerberg pledged in a private meeting with lawmakers that the company would not launch its controversial digital currency, called Libra, anywhere in the world until it receives approval from regulators in the United States......»»

Category: topSource: washpostSep 19th, 2019

Facebook’s Mark Zuckerberg seeks to reassure wary lawmakers in rare D.C. trip

Facebook chief executive Mark Zuckerberg pledged in a private meeting with lawmakers that the company would not launch its controversial digital currency, called Libra, anywhere in the world until it receives approval from regulators in the United States......»»

Category: topSource: washpostSep 19th, 2019

The majority of Facebook’s investors want Zuckerberg to step down as chairman

The majority of Facebook Inc's individual shareholders want CEO Mark Zuckerberg to step down as the company’s chairman, according to a new SEC filing the company published late Monday. At the company’s annual meeting in late May, dissident shareh.....»»

Category: topSource: bizjournalsJun 4th, 2019

Angry Facebook Shareholders Fail to Dislodge Mark Zuckerberg as Chairman

The proposal to appoint an independent chair to Facebook's board failed at the company's annual shareholder meeting on Thursday. Facebook CEO Mark Zuckerberg will remain as chairman after a shareholder vote.....»»

Category: europeSource: fortuneMay 30th, 2019

Angry Facebook Shareholders Fail to Dislodge Mark Zuckerberg As Chairman

The proposal to appoint an independent chair to Facebook's board failed at the company's annual shareholder meeting on Thursday. Facebook CEO Mark Zuckerberg will remain as chairman after a shareholder vote.....»»

Category: europeSource: fortuneMay 30th, 2019

The Wall Street Journal: Facebook shareholders reject proposal to rein in Mark Zuckerberg’s power

Facebook Inc. shareholders voted down a proposal backed by seven state treasurers that sought to split the chairman and chief-executive roles that Mark Zuckerberg holds and establish an independent board leader......»»

Category: topSource: marketwatchMay 30th, 2019

Facebook Co-Founder Doubles Down: Says Zuckerberg Has "Near-Unilateral Power"

The co-founder of Facebook has stepped up his attack on Mark Zuckerberg just days after calling on the United States government to break up Facebook, according to Bloomberg. Chris Hu.....»»

Category: blogSource: zerohedgeMay 12th, 2019

Facebook Faces a Big Penalty, but Regulators Are Split Over How Big

The F.T.C. chairman seems to have the votes to approve a settlement. One of the biggest issues has been whether to hold Mark Zuckerberg liable for future violations......»»

Category: mediaSource: nytMay 4th, 2019

F.T.C. Wants to Punish Facebook, but the Divided Agency May Go Only So Far

The chairman appears to have the votes to approve a settlement with a big fine. One of the biggest issues has been whether to hold Mark Zuckerberg liable for future violations......»»

Category: mediaSource: nytMay 4th, 2019

Facebook, Inc. (NASDAQ:FB) investors are trying to oust Mark Zuckerberg as chairman

Facebook, Inc. (NAS.....»»

Category: topSource: livetradingnewsApr 15th, 2019

Facebook investors want to seize a golden opportunity to fire Mark Zuckerberg as chairman (FB)

Mark Zuckerberg/Facebook A second Facebook investor wants Mark Zuckerberg out as chairman. Zuckerberg controls Facebook thanks to the wa.....»»

Category: topSource: businessinsiderApr 16th, 2018

Facebook spent more than $7 million protecting Mark Zuckerberg in 2017 as he trekked all over the United States (FB)

Facebook Facebook spent $7.3 million on security for CEO Mark Zuckerbe.....»»

Category: topSource: businessinsiderApr 13th, 2018

The Wall Street Journal: Facebook’s Zuckerberg to meet Macron, other European officials next week

Facebook Inc. CEO Mark Zuckerberg will meet with French President Emmanuel Macron and other European officials next week, as the Silicon Valley giant tries to calm tension with regulators and policy makers on both sides of the Atlantic.....»»

Category: topSource: marketwatchMay 16th, 2018