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Facebook Shareholder Revolt Gets Bloody: Powerless Investors Vote Overwhelmingly to Oust Mark Zuckerberg as Chairman

Business Insider

It’s now clear that independent Facebook investors voted overwhelmingly in support of proposals last week to fire Mark Zuckerberg as chairman and scrap the firm’s share structure. According to the results of votes at Facebook’s annual shareholder meeting, 68% of outside investors want the company to hire an independent chairman. The majority was up from 51% last year...

Mentions: Management Investors Facebook