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Investors seek to give up at least one of their positions as a senior Facebook executive
Mark Zuckerberg was able to stay at his post thanks to his entourage within the company.
Validation of El Cazamentiras at the end of the news
By:
El Comercio (GDA)
6 July 2018, 04:25 PM
A group of six powerful social network investors wants Mark Zuckerberg to no longer direct Facebook for the damage suffered by the company after the scandal of the Cambridge Analytica case, according to a report by Business insider.
The goal of the investor group, which controls $ 3 billion in shares, is that another person is in charge of the company. In this way, can break the administrative structure to generate radical changes in the management of Facebook as the journalist Jake Kanter explains.
Zuckerberg remained in power thanks to his entourage within the company, despite the various initiatives to go against their ideals within Facebook by different shareholders. Although it can end.
Although representatives of the social network say that the division of roles of CEO and chairman would generate "uncertainty, confusion and inefficiency"; the six people who seek to kidnap Zuckerberg claim that two different people occupy these positions.
The concern of investors is understandable if we take into account the fact that the actions of the social network have increased their value in more than 400% since its IPO in 2012, while its revenues increased by nearly 1%
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