Facebook investors want to topple Mark Zuckerberg

Baku. 27 June. REPORT.AZ/ Facebook investors boasting nearly $3 billion in shares are making moves to topple Mark Zuckerberg as chairman and tear apart his power base at the company. Report informs citing the Business Insider.

Business Insider has spoken to six prominent shareholders who are growing increasingly restless about the way Facebook is run, and ever more vociferous in their demands for change. All agreed that anger among investors has never been more pronounced since Facebook went public in 2012. They have watched in frustration as the firm has embroiled itself in a series of scandals, from election interference to the Cambridge Analytica data disaster. These crises were in part manufactured by the way the company is run, rebel investors said, and have not been properly addressed because Facebook's corporate governance structure means Mark Zuckerberg is basically untouchable as both CEO and chairman.