| Published Fri, July 27th 2018 at 12:07, Updated July 27th 2018 at 12:58 GMT +3Mark ZuckerbergFacebook founder Mark Zuckerberg could lose his position as chairman of the firm. According to Business Insider, a Facebook investor has drawn up a new proposal to oust Mark Zuckerberg as chairman, 10 months before the social networking giant's next shareholder meeting. Trillium's proposal, if greenlit by investors including Facebook's own management, would require the company to appoint an independent chairman, breaking up Zuckerberg's dual role as CEO and chairman. "A CEO who also serves as chair can exert excessive influence on the board and its agenda, weakening the board’s oversight of management," the proposal states. ALSO READ: Social media users to be treated as media outlets

Source: Standard Digital July 27, 2018 09:11 UTC