By John Ribeiro
Facebook CEO Mark Zuckerberg would lose majority voting control of the social networking company if he quits his job or his services are terminated, according to new rules proposed by the board.
The rules, which were first mooted as part of a reclassification of Facebook’s shares to help meet Zuckerberg’s philanthropy plans, will be voted on by shareholders at an annual meeting on June 20. The aim of the regulations is apparently to make it easier …read more
Source:: IT Management