The porn parody moviescall to oust Mark Zuckerberg is coming from inside the house.
A group of investors have teamed up in an effort to replace the Facebook CEO and board chairman with an independent voice. The plan, put forth in an April 12 SEC filing, doesn't mince words in its critique of the 34-year-old fan of smoked meats.
"[Zuckerberg's] dual-class shareholdings give him approximately 60% of Facebook's voting shares, leaving the board, even with a lead independent director, with only a limited ability to check Mr. Zuckerberg's power," reads the statement supporting the proposal. "We believe this weakens Facebook's governance and oversight of management."
SEE ALSO: Why Facebook waited 3 months to disclose its latest privacy screw-upIn other words, even Facebook investors think an unchecked Zuckerberg is bad for business. And in case that wasn't clear enough, they lay out a few examples demonstrating, in their view, how miserably he's screwed things up.
"We believe this lack of independent board Chair and oversight has contributed to Facebook missing, or mishandling, a number of severe controversies, increasing risk exposure and costs to shareholders," the proposal reads.
It goes on to provide the following examples: "Russian meddling in U.S. elections," "Sharing personal data of 87 million users with Cambridge Analytica," "Data sharing with device manufacturers, including Huawei that is flagged by U.S. Intelligence as a national security threat," "Proliferating fake news," "Propagating violence in Myanmar, India, and South Sudan," "Depression and other mental health issues, including stress and addiction," and "Allowing advertisers to exclude black, Hispanic, and other 'ethnic affinities' from seeing ads."
The plan, if adopted, would make "the Chair of the Board of Directors, whenever possible, be an independent member of the Board."
Unsurprisingly, Facebook isn't a fan. The company dismissed the need for an independent board chairperson, before reminding the investors in question that they don't really have the votes to pull off this maneuver.
"In addition," writes Facebook, "our stockholders rejected a similar proposal at our annual meeting of stockholders in 2017."
Even though this specific attempt to pull Zuckerberg's board chairmanship out from under him is destined to fail, the fact that it's a recurring effort sends a warning of looming accountability to the CEO. If not today, then tomorrow. Time will tell if he listens.
Topics Facebook Social Media
Google Pixel Buds Pro 2: $40 off at Amazon
Best Solawave deals: Save 35% off on red light therapy tools
TikTok and Instagram diet tips to avoid
Wordle today: The answer and hints for February 13
'Black Mirror' Season 7: 'Hotel Reverie,' explained
OpenAI terminates accounts of confirmed state
Wordle today: The answer and hints for February 13
How does 'Abbott Elementary' cast its mind
Elon Musk reveals the first passenger SpaceX will send around the moon
Encryption backdoors violate human rights, EU court rules
NYT mini crossword answers for May 9, 2025
Slack is about to TL;DR your lengthy work threads
Xbox business update: What we know, how to watch
Best Bluetooth tracker deals: Save up to 43% at Amazon
A worthless juicer and a Gipper-branded server
TikTok Cubbyhole debacle raises question: Who belongs in queer spaces?
Tinder, Bumble, Hinge: It's easy to catfish strangers on dating apps
Tesla Model Y refresh might not be happening this year
NYT Connections Sports Edition hints and answers for April 23: Tips to solve Connections #212
SpaceX makes launching a secret satellite and landing a rocket booster look easy
Khal Drogo and Tormund Giantsbane met IRL and slayed pints togetherNetflix now lets you feed your enemies to Dart from 'Stranger Things'IRS targets Coinbase users in an attempt to thwart tax fraudPollution in New Delhi is so bad it's a health emergencyKevin Spacey cut from 'All the Money in the World' movieCNN might have to be sold for the AT&T/Time Warner deal to go throughVespa shows off its first allBritney Spears sells original watercolor painting for $10,000On National STEM Day, there's still a lot of work to do for womenTrump Twitter notifications have completely ruined my yearKevin Spacey cut from 'All the Money in the World' movieLas Vegas and AAA's selfPortrait mode compared: iPhone X vs. Pixel 2 vs. Galaxy Note 8On National STEM Day, there's still a lot of work to do for womeniFixit releases incredible seeApple's 'Everyone Can Code' initiative is going globalUber now rewards most loyal riders with better customer serviceThe Faroe Islands are on Google Street View thanks to some sheep'Top Chef' judge Tom Colicchio launches campaign to end veteran hungerLiam Gallagher asked someone to peel a potato live at his show People Are Angry, and Other News by Sadie Stein What We’re Loving: Screwball, Gothic, and Southern, to Name a Few by The Paris Review The Subjective Fog: For Julian Hoeber by Jonathan Lethem My First Book(s) by David L. Ulin RIP Charlotte Zolotow, and Other News by Sadie Stein Loveland by Matt Weinstock The News You Have Been Waiting For by Sadie Stein Claire Vaye Watkins Wins Dylan Thomas Prize by Sadie Stein Dream Weaver by Sadie Stein Mad Money, and Other News by Sadie Stein What We’re Loving: Russian Doubts, Family Ties, and the Letters Q, T, and X by The Paris Review What We’re Loving: Great Teachers, Great Books, Giant Wigs by The Paris Review Nail Art by Sadie Stein Kings Have Adorned Her by Diane Mehta Remembering Mandela, and Other News by Sadie Stein William Weaver, 1923–2013 by Sadie Stein Weapons of Mass Instruction by Sadie Stein On Sylvia Plath’s “Nick and the Candlestick” Mischief Night by Sadie Stein The Black Album by Rowan Ricardo Phillips
2.4299s , 10109.40625 kb
Copyright © 2025 Powered by 【porn parody movies】,Openness Information Network