Facebook shareholders gather for contentious annual meeting GlobeBusiness
, including shareholder proposals that called for revamping the company’s voting structure and ousting chief executive officer Mark Zuckerberg as chairman.
Last year, about 83% of shares held by outside investors voted for a proposal that would have the company move to a structure of one vote per share and do away with the supermajority shares. “Zuckerberg has said that he wants to protect people from white supremacy but there’s still a ton of white supremacists organizing on Facebook,” said Leila Deen, program director for SumOfUs, the group in the coalition responsible for the balloon.
It declined to comment on the petition, with a spokesman saying it did not preview votes or comment on specific companies. “I thought it was unwittingly, but clearly they wittingly were accomplices and enablers of false information to go across Facebook,” she said.
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