By Kurt Wagner
4 June 2019
Facebook Inc. Chief Executive Mark Zuckerberg has himself to thank for the fact he’s still chairman of the company’s board.
Results from the Facebook’s annual shareholder meeting last week show that many of the investor proposals intended to limit Zuckerberg’s power over the company he co-founded would have passed -- if not for Zuckerberg’s voting power.
Apart from Zuckerberg’s nearly 4 billion votes, which give him control of the company, investors overwhelmingly supported proposed changes to Facebook’s corporate structure, according to a regulatory filing.