Facebook's Zuckerberg may lose majority voting control if he exits

Facebook's Zuckerberg may lose majority voting control if he exits

Facebook CEO Mark Zuckerberg is seen on stage during a town hall with Prime Minister Narendra Modi at Facebook's headquarters in Menlo Park, California September 27, 2015. REUTERS/Stephen Lam

Facebook Inc’s board has proposed removing Mark Zuckerberg‘s majority voting control in the event of the social media giant’s chief executive and founder deciding to exit management at some point in future.

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