Facebook 2019 annual May 30. Vote WITHHOLD ALL directors. AGAINST: Auditor, Pay, Proposals 8, 11, 12. FOR: Propoals 5, 6, 7, 9, 10. Vote Say-on-Pay frequency 1 year. If you vote nothing else, vote FOR #5. Continue Reading →
Tag Archives | Zuckerberg
“One Share, One Vote? A Debate on Dual Class Share Structures” was the title of this year’s Morrison & Foerster Lecture in honor of Marshall L. Small, held at Stanford Law on May 20, 2019. The side favoring a ban, or at least sunset provisions, on dual class shares was slightly more convincing in their arguments. Continue Reading →
Corporate governance at Facebook is much closer to being a dictatorship than a democracy. Who is the better model, George Washington or Vladimir Putin? Continue Reading →
Mark Zuckerberg, the social media titan, needs to embrace a new model of ownership and corporate governance.
As Mark Zuckerberg comes to terms with his latest public-relations disaster, he has made some interesting admissions. One is that the Facebook CEO feels “fundamentally uncomfortable sitting here in California in an office making content policy decisions for people around the world,” as he told Recode. This sentiment echoes his manifesto on the future of Facebook from earlier this year, in which he called for “a system of more local governance,” for the same reason: He can’t figure out by himself how to set standards of behavior for Facebook’s more than 2 billion monthly active users. Continue Reading →
Facebook Inc ($FB) is one of the stocks in my portfolio. Their annual meeting is coming up on 6/11/2013. ProxyDemocracy.org had collected no votes when I checked on 6/5/2013. I voted with management 9% of the time. View Proxy Statement. Senator Warren recently called on the exchanges to block companies with unequal voting structures from listing. Too bad that didn’t happen years ago.