3 Reasons Why Some Facebook Shareholders Are Pushing for Mark Zuckerberg to Be Replaced as Board Chairman
This is why some Facebook shareholders are pushing for Mark Zuckerberg to be replaced.
Facebook (FB) - Get Report shareholders will vote on several key topics at the company's June 1 annual meeting in Redwood City, Calif., including whether to nominate an independent chair to the board of directors to replace current chair Mark Zuckerberg, who also serves as CEO, according to a recent SEC filing.
Facebook's board has recommended that shareholders vote against all three proposals. Here are the details about each proposal as well as Facebook's argument against each of the requests brought by shareholders.
READ MORE: Why Some Facebook Shareholders Are Pushing for Mark Zuckerberg to Be Replaced as Board Chairman
This article was written by a staff member of TheStreet.
