Reed Hastings from Netflix and Erskine Bowles leaving the Facebook forum

Reed Hastings, president and CEO of Netflix, and Erskine Bowles, president emeritus of the University of North Carolina, will leave the board of Facebook next month, the social media company said Friday.

The move came as Facebook announced the appointment of Peggy Alford, senior vice president of PayPal, to the board of directors. Bowles and Hastings, both of whom have served on the board since 2011, will not be nominated for re-election when the company's board of directors votes on May 30 at its annual meeting of shareholders.

"Peggy is one of the few people who is expert in many areas – from business management to operations finance, to product development. I know she'll have great ideas that will help us cope with the opportunities and challenges of our business, "Facebook CEO Mark ZuckerbergReed Hastings, Erskine Bowles leaving Facebook on Mark Elliot's Hillicon Valley forum ZuckerbergNetflix: The White House threatens to veto the Net Neutrality Bill | UK imposes new strict rules on technology platforms | Facebook eliminates white nationalist groups amid pressure | Senators call on FTC to "take action" against tech giants A New Zealand official calls Facebook "pathological liars in bankruptcy" says in the ad.

Hastings and Bowles apparently clashed with other members of the council. The New York Times reported in 2017 that Hastings had told another board member, Peter Thiel, that he intended to stop his performance appraisal after approving the Republican presidential candidate of the time. Donald TrumpDonald John TrumpJudicial Courts Order Trump Administration Continues Temporarily to Return Asylum Seekers to Mexico Federal Investigation Reveals Generalized Sexual Harassment in Trump Company-Led Company: Booker Report Trump would apparently have forgiven a border official: "This should shake all Americans".

"I am so mystified by your Trump endorsement for our president, that for me it goes from a" different judgment "to a" bad judgment, "Hastings would have told Thiel in an email. "There are a variety of perspectives that are healthy, but bad judgment (in my opinion) is not what everyone else wants from another board member."

Bowles would also have excoriated Facebook's top executives about Russian misinformation campaigns being conducted on the platform.

The technology giant has been scrutinized for the spread of false information on its website and access by third-party companies to users' private information.

Source link