Facebook funds oversight board, plans start date for next year
Facebook said Thursday it will commit $130 million to support the efforts of its independent oversight board, but that the board itself will not start its work until sometime in 2020.
In a company blog post, Brent Harris, Facebook’s director of governance and global affairs, said the company has been going through the process of creating “a new organization with independent oversight over how Facebook makes decisions on content” since Chief Executive Mark Zuckerberg outlined his vision for the board in November 2018. In September of this year, Facebook gave some details about how it was selecting board members, and set up a site where anyone couldmake a recommendation for a board member.
Harris said that Facebook has “made progress building the infrastructure that the board will need to deliberate cases. This includes a new case management tool which will provide secure access to case information and allow board members to collaborate from locations all over the world.”
However, the overall process has taken longer than initially expected, and board
members won’t likely be announced until late January, at the earliest.
The premise behind the board’s creation is that it will be able to make final decisions regarding if content, including ads and video, should be displayed on Facebook, and will also have the power to overrule Zuckerberg on such matters. Facebook, as a company, and users can submit cases to the board, and Facebook will be have to make public any recommendations it reaches.
Harris said the $ 130 million being allocated to the board will be used for operational expenses such as office space and travel for board members. The funding is anticipated to cover at least the first two terms of the oversight board, or six years.
As part of the oversight board’s charter, Facebook has said it expects to initially have a small group of members on the oversight board who will then select other members. The company said in September that the board could have up to 40 members.
Harris said Facebook has set up an independent oversight board trust that will be responsible for ensuring that the board will be able to make decisions and recommendations without fear of interference from Facebook executives. The trust will have at least three trustees, and a corporate trustee, Brown Brothers Harriman Trust, of Delaware.