Mark Zuckerberg is still Facebook’s chairman and CEO, FYI

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Mark Zuckerberg is still Facebook's chairman and CEO, FYI

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Former American Express manager Kenneth Chenault revealed retirement strategies from the boards of IBM and Procter & &(******************************************************** )sparking speculation about his seat on Facebook’s board.


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Whenever a business’s under extreme analysis, individuals attempt to check out tea leaves in whatever that occurs.

In Facebook’s case, the speculation can be found in the type of previous American Express CEO Kenneth Chenault, who signed up with the social networking giant’s board in January If you have actually been keeping track, that was prior to the Cambridge Analytica scandal hit, followed by Facebook CEO Mark Zuckerberg’s testament on Capitol Hill, then a huge hack and a bombshell report from The New York Times questioning Zuckerberg’s management.

Amid these scandals, financiers, experts and tech experts have actually started to question whether Zuckerberg’s function at Facebook may alter. Reporters have actually started asking Zuckerberg on press calls whether he’ll step down as Facebook’s chairman or perhaps as its CEO. So far, he’s withstood.

Then, today, both IBM and Procter & & Gamble revealed that Chenault prepares to step down from positions on their boards, raising concerns amongst some Facebook watchers about whether Chenault might be preparing to enter the function of Facebook chairman.

Turns out, the response from Facebook is “no.”

The business stated Chenault will continue to serve on our board in the exact same capability as previously.

So there you have it: Zuckerberg will stay Facebook’s CEO and chairman. In case you’re questioning.

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