Facebook investors have called for Mark Zuckerberg to step down as chairman, after reports that Facebook hired a public relations firm to tarnish their critics reputation by linking them to George Soros.
Jonas Kron, senior vice president at Trillium Asset Management, which owns an £8.5 million stake in Facebook, stated that Mark Zuckerberg should step down last night, in the immediate aftermath of the report.
“Facebook is behaving like it’s a special snowflake, it’s not. It is a company and companies need to have a separation of chair and CEO.”
– Jonas Kron
In the report, it is said that Facebook used a Republican public relations firm, Definers Public Affairs, as damage control following heavy criticism of the platform’s handling of a scandal over Russian interference in the 2016 US elections, and the Cambridge Analytica scandal, as report by the Telegraph.
The report, originally by the NY Times, also prompted mass questioning over Facebook’s leadership and company objectives.
“A company with Facebook’s massive reach and influence requires robust oversight and that can only be achieved through an independent chair who is empowered to provide critical checks on company leadership,”
– Scott Stringer, NYC Comptroller
About Ciaran Murray
Ciaran Murray is the Founder of Sabre’s Edge Media.