DooKey
[H]F Junkie
- Joined
- Apr 25, 2001
- Messages
- 13,500
Investment company Trillium Asset Management has filed a proposal to fire Mark Zuckerberg as chairman of the board. They say he shouldn't hold the CEO and Chairman positions simultaneously and he weakens the boards oversight. This proposal was filed after Facebook shares took a huge dive in value afterhours yesterday. Who knows if this effort will succeed, but the fireworks should be lots of fun. Personally, I'm onboard with TAM and think he needs to go.
The investment company says this oversight has contributed to Facebook 'missing or mishandling' several 'severe controversies' in past years, which they say increases risk exposure and costs to shareholders.
The investment company says this oversight has contributed to Facebook 'missing or mishandling' several 'severe controversies' in past years, which they say increases risk exposure and costs to shareholders.
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