Facebook Inc. Thursday, the former deputy secretary of the United States Treasury, Robert Kimmitt, appointed as a member of the board of directors as an independent independent leader with immediate effect.
“The Lead Independent Director is important to us and we were looking for a leader who can bring a lot of oversight and management experience,” said Mark Zuckerberg, CEO of Facebook. The company also said that Jeffrey Zients, CEO of Cranemere Group Ltd, will not stand for re-election at the annual shareholders meeting. However, Zients will continue to serve as director until the day of the meeting.
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