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Facebook: Could Investors Vote to Clip Zuckerberg’s Wings?

Naomi Gray
Facebook: Could Investors Vote to Clip Zuckerberg’s Wings?

A number of large Facebook (FB) shareholders are pushing for boardroom changes that would dilute Mark Zuckerberg’s influence over Facebook. The investors, including major US public funds, want Facebook to split the chief executive and chair roles so that the positions can be held by different individuals. The backers of the proposal to create an independent chair position at Facebook cite a need to improve accountability at the company.