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Facebook investors increase pressure on CEO Zuckerberg to step down, says report

Facebook investors increase pressure on CEO Zuckerberg to step down, says report

| @indiablooms | 19 Nov 2018, 06:09 am

Washington, Nov 19 (IBNS): Facebook investors have increased pressure on the social media site's Chief Executive Officer (CEO) Mark Zuckerberg and asked him to step down after a New York Times report suggested the company has hired a Republican-owned political consulting and PR firm, media reports said.

The report has emerged after New York Times did a detailed investigation.

According to The Guardian, Jonas Kron, senior Vice-President at Trillium Asset Management, asked Zuckerberg to step down.

Kron has been quoted by The Times Of India as saying, "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."

Addressing the press, Zuckerberg denied any such claims.

The Facebook CEO has been quoted by The Times Of India as saying, "After reading the article, I got on the phone with our team and we are no longer working with this firm."

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