By Natasha Lamb – May 16, 2019
Managing partner at Arjuna Capital
As CEO, board chair, and the company’s most powerful shareholder, Mark Zuckerberg has too much control over Facebook. The danger is clear: Users suffer from a mismanaged platform, and investors risk Facebook’s increasingly tenuous fate.
Zuckerberg’s consolidation of power was no accident. From Facebook’s humble beginnings at Harvard University, to its current status as a global behemoth used by more than 2 billion people, Facebook’s growth has been driven by Mark Zuckerberg. Yet, his dominance over the company continues unchecked, as the platform and online content is weaponized to propagate election interference, violence, hate speech, sexual harassment, discriminatory advertising and rampant privacy violations.
You can read the full op-ed here.