Facebook confirmed in a Form 8-K/A filing with the Securities and Exchange Commission Wednesday that, as voted on at its annual meeting in June, the company will hold non-binding advisory votes on its executives’ compensation every three years.
First, there was the ongoing unhappiness from shareholders over Facebook’s stock price. Now, two comics have parodied Facebook Chief Operating Officer Sheryl Sandberg‘s Lean In: Women, Work, and the Will to Lead with their own take, Lean Over: Women, Work, and Women’s Work. What’s a COO to do?
Facebook Co-Founder and CEO Mark Zuckerberg and Chief Operating Officer Sheryl Sandberg received the most withheld votes of the eight members of the social network’s board of directors that were re-elected at its annual meeting Tuesday, according to the Form 8-K Facebook filed with the Securities and Exchange Commission Thursday.
Mark Zuckerberg Continues To Deny Involvement In Prism; Facebook, Google Ask Attorney General To Allow Them To Disclose Number Of Secret Data Requests
Facebook continued to take steps to deny any involvement in the National Security Agency’s Prism initiative, in which the government agency allegedly obtained direct access to its servers, with Co-Founder and CEO Mark Zuckerberg reiterating his denial of last Friday during his talk at the social network’s annual meeting Tuesday, and the company asking U.S. Attorney General Eric Holder to allow it to fully disclose the total number of secret requests it receives to surrender user data.
Facebook held its first-ever annual meeting Tuesday at the Westin San Francisco Airport in Millbrae, Calif., and Co-Founder and CEO Mark Zuckerberg addressed shareholders’ concerns about the company’s stock price, which has never approached its initial public offering mark of $38 per share since its first day of trading last May 18.
Facebook’s annual meeting Tuesday at the Westin San Francisco Airport in Millbrae, Calif., will be the target of protestors, but their issues lie more with FWD.us, the political-advocacy group led by Facebook Co-Founder and CEO Mark Zuckerberg.