68pct of Facebook's Outside Investors Want an Independent Chairman
engine
12:01 pm on Jun 5, 2019 (gmt 0)
According the a filing, 68% of Facebook's outside investors want to oust Mark Zuckerberg as Chairman, and that's up from 51% last time.
Some 68% of ordinary investors, those who are not part of management or the board, want to oust Zuckerberg as chairman and bring in an independent figure to chair Facebook's board
the person who controls most of the *voting* shares will decide
lucy24
4:16 am on Jun 6, 2019 (gmt 0)
I should hope that a company as big as Facebook would have something a little more sophisticated in their bylaws than “the chairman of the board is selected by a simple majority of shareholders”.