Facebook Investors want resignation from Zuckerberg

November 18, 2018
resignation from Zuckerberg

Facebook’s founder, chairman and CEO Mark Zuckerberg’s resignation demanded by the investors of the organization. New York Times investigation suggested that Facebook has rented a political consultant and PR (Public Relations) organization run by the Republican Party. After this news, investors were pushing more pressure on Zuckerberg to step down. Starting from Russian intervention in the 2016 US elections, user’s personal information scandal, and because of the various trouble of facebook investors are raising the pressure on Zuckerberg.

Jonas Kron, Senior Vice President at Trillium Asset Management and owner of a large portion of Facebook shares. The Guardian reported on Saturday, He urged Mark Zuckerberg to leave the post of chairman of the board after the New York Times report.

Jonas Kron saied, “Facebook is behaving like it’s a special snowflake. It’s not. It is a company and companies need to have a separation of chair and CEO”

It is said that Facebook hired an organization to find out the blame for competing organizations. Zuckerberg said in a press conference that he knew about the matter. He said, After learning about this matter, I talked to my team. We are no longer working with this organization.
Even after Zuckerberg’s statement, many investors of Facebook want his resignation.