1. Powerful Facebook Investors Just Co-Filed a Proposal to Take Down Mark Zuckerberg as Chairman

    Powerful Facebook Investors Just Co-Filed a Proposal to Take Down Mark Zuckerberg as Chairman
    • Four powerful institutional Facebook investors have co-filed a shareholder proposal calling for Mark Zuckerberg's dual role as CEO and chairman to be split.
    • The proposal was originally filed by activist investor Trillium Asset Management and revealed by Business Insider in July after Facebook's brutal second quarter earnings...
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    1. We need Facebook's insular boardroom to make a serious commitment to addressing real risks — reputational, regulatory, and the risk to our democracy — that impact the company.
    2. Without an independent board chair, the board's oversight of the company remains inadequate as evidenced by the recent mishandling of several controversies. Having an independent board chair... is in the best long-term interest of Facebook shareholders.
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