Facebook Chief Executive, Mark Zuckerberg is pushing back against calls
for him to step down as chairman and hopes to continue working with his
longtime chief operating officer, Sheryl Sandberg. Zuckerberg made the
comments in a recent interview with CNN where he addressed the
controversies pertaining to the social-media giant. He said stepping
down as chairman in the near term is “not the plan” after some big
shareholders proposed to push him out of that role following a string of
management missteps. According to Facebook’s latest proxy, his share of
the voting power among Facebook investors was 59.9%, meaning
shareholders can’t force him out, according to Dow Jones Newswires.
Zuckerberg called Sandberg an “important partner” who is overseeing
Facebook’s efforts to tackle some of the biggest problems the company is
facing. “I hope that we work together for decades more to come,” he
said. He and Sandberg have come under fire for Facebook’s slow
response to uncovering evidence of Russian manipulation during the U.S.
presidential race in 2016 and stopping the spread of misinformation on
the platform. They have also faced scrutiny for Facebook’s privacy
practices and its role in inflaming violence in countries like
Myanmar.The post MarkZuckerberg says he won'tstep down as Facebook chairmanMark Zuckerberg says he won't step down as Facebook chairman
Facebook Chief Executive, Mark Zuckerberg is pushing back against calls
for him to step down as chairman and hopes to continue working with his
longtime chief operating officer, Sheryl Sandberg. Zuckerberg made the
comments in a recent interview with CNN where he addressed the
controversies pertaining to the social-media giant. He said stepping
down as chairman in the near term is “not the plan” after some big
shareholders proposed to push him out of that role following a string of
management missteps. According to Facebook’s latest proxy, his share of
the voting power among Facebook investors was 59.9%, meaning
shareholders can’t force him out, according to Dow Jones Newswires.
Zuckerberg called Sandberg an “important partner” who is overseeing
Facebook’s efforts to tackle some of the biggest problems the company is
facing. “I hope that we work together for decades more to come,” he
said. He and Sandberg have come under fire for Facebook’s slow
response to uncovering evidence of Russian manipulation during the U.S.
presidential race in 2016 and stopping the spread of misinformation on
the platform. They have also faced scrutiny for Facebook’s privacy
practices and its role in inflaming violence in countries like
Myanmar.The post MarkZuckerberg says he won'tstep down as Facebook chairman
