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Tag: Facebook Board of directors

  • Zuckerberg Gave Sandberg a Sexist Introduction During Her First Day At Facebook

    Zuckerberg Gave Sandberg a Sexist Introduction During Her First Day At Facebook

    According to Katherine Losse’s tell-all book about Facebook’s early years, Mark Zuckerberg gave a rather inappropriate and slightly sexist introduction to Sheryl Sandberg, Facebook’s chief operating officer, on her first day at the company.

    According to Losse’s book, The Boy Kings, Zuckerberg made several candid comments about Sandberg when he introduced her to, what seemed more like a boys club previous to her arrival.

    Facebook founder and CEO Mark Zuckerberg apparently made the following remarks about new COO Sheryl Sandberg on her first day at the company upon her introduction:

    “Everyone should have a crush on Sheryl.”

    “When I met Sheryl the first thing I said was that she had really good skin,”

    “And she does.”

    Katherine Losse, who was an early employee at Facebook, and certainly one of the few female workers, admits the climate was rather sexist, but more likely due to a lack of experience and failure to recognize the facilities as a formal place of work, rather than any ill intent.

    Losse commented on Facebook’s sexist work climate in an interview with the Huffington Post:

    “That’s one of those instances where you’ve got a bunch of guys and they’re not really aware of those kinds of issues, so those kinds of things can be said because they don’t realize that this is a workplace,”

    “The arrival of Sheryl Sandberg really helped because she was vocal and would say, ‘I really care about women in the workplace. I want to make this a good place to work,’”

    “I think that was a huge relief for women employees.”

    Just recently, Sandberg was named to the Facebook Board of Directors, breaking the previous all-male composition of the crew. Sandberg handles Facebook’s business operations, including sales, marketing, legal, HR, and public policy, and now she has a voice on the board.

    Of course, Facebook has constantly been subject to persecution for their lack of diversity as far as the board was concerned. Many believe such a large and prominent organization should be promoting balance and equality, and that doesn’t appear to be the case.

    While adding one women to your board of directors doesn’t necessarily mean you are an equal and fair opportunity provider, it does go along way to better the company. Sandberg is as business savvy and well-qualified as any other who currently sits on the board.

    CEO Mark Zuckerberg comments on naming Sheryl Sandberg to the Facebook Board of Directors:

    “Sheryl has been my partner in running Facebook and has been central to our growth and success over the years,”

    “Her understanding of our mission and long-term opportunity, and her experience both at Facebook and on public company boards makes her a natural fit for our board.”

  • Facebook Adds Sheryl Sandberg to Board of Directors, Breaks Up The Boys Club

    Facebook’s Board of Directors has just received a splash of diversity as Facebook COO Sheryl Sandberg has just been named to the previously all-male board. Sandberg joins seven men –

    PayPal co-founder Peter Thiel, Washington Post Company CEO Donald Graham, venture capitalist and investor James Breyer, Mark Zuckerberg, Mosaic co-author Marc Andreessen, Netflix CEO Reed Hastings, and former UNC system President Erskine Bowles.

    “Sheryl has been my partner in running Facebook and has been central to our growth and success over the years,” said Mark Zuckerberg. “Her understanding of our mission and long-term opportunity, and her experience both at Facebook and on public company boards makes her a natural fit for our board.”

    Sandberg currently deals with Facebook’s business operations, including sales, marketing, legal, HR, and public policy.

    “Facebook is working every day to make the world more open and connected,” Sandberg said. “It’s a mission that I’m deeply passionate about, and I feel fortunate to be part of a company that is having such a profound impact in the world.”

    For a while, Facebook has faced pressure from some activists who felt that Facebook’s all-male board sent out a bad message about the company. Organizations like women’s group Ultraviolet said that “the fact that a company as large as Facebook with a massive global reach does not have a single woman on their board is nothing short of shameful.”

    A campaign called “Face It” was launched with the specific purpose of diversifying the Board:

    “We believe that this board of white men should include women of all colors,” read their mission page.

    Now, Facebook’s Board has a woman – but as these groups are sure to point out, it’s still lacking in racial diversity

  • Facebook Faces Pressure To Diversify Its Board of Directors

    If recent reports prove accurate, the biggest internet IPO in history is coming in May. We’re talking about Facebook, of course, and since the social media king filed its S-1 back at the beginning of February, the company’s public image has been a hot topic of conversation. The specific issue at the heart of the discussion:

    Why is Facebook’s board so white and male?

    As it stands, the board’s seven members are PayPal co-founder Peter Thiel, Washington Post Company CEO Donald Graham, venture capitalist and investor James Breyer, Mark Zuckerberg, Mosaic co-author Marc Andreessen, Netflix CEO Reed Hastings, and former UNC system President Erskine Bowles. No women, as you can see.

    After it was brought to widespread public attention earlier this year, some activists have taken up the cause. They argue that it’s simply wrong for a supposedly modern and forward-looking company like Facebook to lack diversity in their boardroom.

    That movement is gaining steam. A few days ago, a campaign that focuses specifically on Facebook’s lack of diversity on its board was launched. The campaign, called Face It, sports the tagline “Seven White Men: That’s Ridiculous.”

    The campaign’s mission to to get the board more diversity – not just by adding women, but my mixing it up racially as well:

    The FACE IT Campaign is led by young women and men across the world—from Australia to Europe to the United States to Argentina—with the help of community leaders and business professionals.

    The reason is that Facebook has announced a $5 billion IPO—with a corporate board composed exclusively of white men.

    We believe that this board of white men should include women of all colors. Because Facebook should go public with a board that reflects its own mission—to make the world more open and connected.

    Simple as that.

    According to Face It, diversifying the board would be good for business, good for Facebook, and good for society.

    People that agree with their message can sign a petition, where they ask Facebook’s “top management structure to be less monolithic.”

    While Face It takes a more broad diversification angle, another group is concerned on representing the ladies. Women’s group Ultraviolet says they want to expand women’s rights and combat sexism everywhere. They’ve also started their own petition where they ask Facebook to do one simple thing: Having women on boards is good business, especially when most of Facebook’s success is driven by women. I urge you to invite at least one woman to join the board before you go public.

    “The fact that a company as large as Facebook with a massive global reach does not have a single woman on their board is nothing short of shameful. Facebook owes it success and makes a ton of money off of its women users. Women are responsible for nearly two-thirds of the sharing that happens on the site,” said Ultraviolet co-founder Nita Chaudhary. “In addition, women account for more than 70% daily fan activity on the site which is a huge source of revenue for the company. Facebook has a problem and they need to solve it before they go public. Mark Zuckerberg should live up to his company’s mission statement and appoint at least one woman to the board today.”

    Facebook remains one of only 11% of Fortune 500 companies to have all-male boards. By putting a woman or a minority on its board, Facebook could send a strong message that they truly are forward looking. And they could be a leader, if they so choose – their public move could set an example for other companies and institutions to diversify.

    Do you think it’s important for Facebook to mix it up a little bit on their board? Let us know in the comments.