Presently Facebook Co-founder and chief executive Mark Zuckerberg has a transparent vision of site with Facebook because of shares ownership and major voting side. Now board of Facebook is going to give changes in rules which will not support the above transparency.
It’s because no absolute power is able to retain the seat for eternity therefore the control after Zuckerberg leaves will mix up in thin air and lost. Although company is far away to think of
Facebook, CEO
Zuckerberg’s farewell anytime soon, but if he in any case does so, other CEO then should not be lead by him.
Changed rule will also mention that no descendants will be handed over with the company, even including his daughter Maxima Zuckerberg over his death.
“These new terms thus ensure that we will not remain a founder-controlled company after we cease to be a founder-led company,” mentions Facebook’s board in reports.
