Facebook CEO Mark Zuckerberg set to face leadership vote

Facebook CEO Mark Zuckerberg is likely to face a leadership vote at the social networking giant’s annual general meeting on Thursday to step down as Chairman.

According to the BBC, Zuckerberg is “unlikely to lose the vote because he owns 60 per cent of the company’s shares”.

“However, the percentage of shareholders who vote against him could indicate how much faith they have in his leadership,” said the report on Thursday.

Trillium Asset Management that owns about $7 million worth of Facebook shares is one of those advocating for Zuckerberg to step down.