Facebook Fights Activism with Dual-Class Shares and Wins | DirectorCorps
In the fight against shareholder activism, Facebook won. At least for now. Activists pushed the company to split the chairman and CEO role for Mark Zuckerberg, who holds both titles and has come under a barrage of criticism over his handling of security and privacy issues in the last year.
27 Jun 2019 ... But Facebook, like many other tech companies in particular, has a dual-class voting structure that gives insiders such as Zuckerberg more ...