Bid to oust Zuckerberg

A GROUP of major Facebook investors have called for Mark Zuckerberg to be ousted as chairman.

The backlash comes after the tech giant’s billionaire founder, who is also chief executive, was put on the back foot by a series of security and privacy scandals which have subjected the company to intense public scrutiny over its use of user data. Those behind the proposal to remove Zuckerberg and make the role of chairman an independent position, include New York City’s pension fund and Trillium Asset Management.

Scott Stringer, manager of the £122bn New York fund, said: ‘An independent chair is essential to moving forward from this mess.’