Know why the facebook shareholders want to remove Mark Zuckerberg from his post?
Thursday - October 18, 2018 2:10 pm ,
Category : WTN SPECIAL
It’s not easy to remove Mark Zuckerberg as facebook CEO post
Mark Zuckerberg has nearly 60 percent voting rights of facebook!
OCT 18 (WTN) - If you use facebook, you must have heard of Mark Zuckerberg's name. Facebook and Mark Zuckerberg are synonymous to each other. But if we ask you that the shares holders of facebook want to remove Mark Zuckerberg as CEO of the company, then you may have wondered. What happened that facebook Chief Executive Officer Mark Zuckerberg is to be removed? This is the whole thing we describe you.
According to information received from the media, some shareholders have endorsed the proposal, in which it has been said to remove Facebook's chief executive officer Mark Zuckerberg. According to the information, supporters of this proposal say that Zuckerberg has not worked properly on some high profile scandals. The proposal supported by the State Treasury of Pennsylvania, Illinois, Rhode Island and New York City Pension Fund. However, the decision to remove Zuckerberg will be held in May next year, when voting on this proposal will be voted in its shareholders annual meeting.
According to information from the media, Facebook has not given any response to this issue right now. Here, in the proposal of the shareholders, it has been said that Facebook didn’t work properly on issues related to Russia's intervention in the US elections and Cambridge analytics data leaks, due to lack of independent board chairman and lack of inspection. For your information, let you know that these are two cases in which Mark Zuckerberg had to face a lot of criticism.
But for your information, let us know that despite the campaign against him, Facebook Chairman Mark Zuckerberg is quite safe and secure. According to a report released by the company in April, Zuckerberg has about 60 percent voting rights. New York City Pension Fund has 45 million shares till 31 July, while Pennsylvania State Treasury holds 38,737 shares. At the same time, Trillium Asset Management has 53,000 shares of facebook. Illinois has 1,90,712 shares and shares the shares of Riches Island has 1,68,230 shares.
But it is unlikely that facebook company’s share holders will be able to remove Mark Zuckerberg from his post. We are saying that because at present, Zuckerberg has 60 percent voting rights, on which basis he can remain in his post. At the same time, Junkerberg has cleared the rationale behind the allegations made in cases involving Russian intervention in US president election and Cambridge analytics data leaks. Similarly, similar proposals have already been made to restore voting power by shareholders in facebook, although none of them has passed.
OCT 18 (WTN) - If you use facebook, you must have heard of Mark Zuckerberg's name. Facebook and Mark Zuckerberg are synonymous to each other. But if we ask you that the shares holders of facebook want to remove Mark Zuckerberg as CEO of the company, then you may have wondered. What happened that facebook Chief Executive Officer Mark Zuckerberg is to be removed? This is the whole thing we describe you.
According to information received from the media, some shareholders have endorsed the proposal, in which it has been said to remove Facebook's chief executive officer Mark Zuckerberg. According to the information, supporters of this proposal say that Zuckerberg has not worked properly on some high profile scandals. The proposal supported by the State Treasury of Pennsylvania, Illinois, Rhode Island and New York City Pension Fund. However, the decision to remove Zuckerberg will be held in May next year, when voting on this proposal will be voted in its shareholders annual meeting.
According to information from the media, Facebook has not given any response to this issue right now. Here, in the proposal of the shareholders, it has been said that Facebook didn’t work properly on issues related to Russia's intervention in the US elections and Cambridge analytics data leaks, due to lack of independent board chairman and lack of inspection. For your information, let you know that these are two cases in which Mark Zuckerberg had to face a lot of criticism.
But for your information, let us know that despite the campaign against him, Facebook Chairman Mark Zuckerberg is quite safe and secure. According to a report released by the company in April, Zuckerberg has about 60 percent voting rights. New York City Pension Fund has 45 million shares till 31 July, while Pennsylvania State Treasury holds 38,737 shares. At the same time, Trillium Asset Management has 53,000 shares of facebook. Illinois has 1,90,712 shares and shares the shares of Riches Island has 1,68,230 shares.
But it is unlikely that facebook company’s share holders will be able to remove Mark Zuckerberg from his post. We are saying that because at present, Zuckerberg has 60 percent voting rights, on which basis he can remain in his post. At the same time, Junkerberg has cleared the rationale behind the allegations made in cases involving Russian intervention in US president election and Cambridge analytics data leaks. Similarly, similar proposals have already been made to restore voting power by shareholders in facebook, although none of them has passed.
