Facebook shareholders file proposal to kick Mark Zuckerberg out as chairman

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Major hacks, data scandals and Russian meddling has led investors to call for an end to Chairman Zuckerberg’s reign.

Mark Zuckerberg’s strong control over Facebook has come under question after several high-profile investors called for him to step down as chairman of the company.

The shareholder proposal follows a series of controversies and scandals at the technology firm, including large-scale data breaches and accusations that the social network has become a platform for misinformation campaigns and political propaganda.

State and city treasurers from Illinois, Rhode Island and Pennsylvania joined the New York City Pension Funds and Trillium Asset Management in requesting the Facebook board of directors to make the role of chairman an independent position.