Investor groups call for Mark Zuckerberg to resign


A powerful activist investor group called for Mark Zuckerberg to step down in a statement today, citing new admissions of irresponsibility in the CEO’s planned testimony to the House Energy and Commerce Committee.

“Mark Zuckerberg’s prepared testimony highlights a simple fact: He doesn’t understand how a large, global and publicly-held company is run,” Open MIC CEO Michael Connor said in a statement. “He currently has two jobs at Facebook — CEO and Chairman of the Board. It’s time for him to give up at least one, if not both, titles.”

“It is long past time for Facebook to separate the roles of company CEO and Chairman,” Connor continued, “and for Mark Zuckerberg to resign or be fired.”

While Open MIC does not hold any Facebook shares, it...

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via The Verge - Tech Posts "https://ift.tt/2HmjGcN"

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