No Plan to Retire: Facebook CEO Mark Zuckerberg

by Haimantee Ghosh November 21, 2018

Even escalating pressure from the investors to take permanent leave from the designation of Facebook Chairman as the social network platform is facing intensive probe on data scandals, cannot resist Mark Zuckerberg in his own way as he said he has no planning for retirement.

In an interview on CNN, he said this time is not appropriate for quitting for him as the shares of Facebook ended at $132.43 – 40% down from its peak ratio in July.

The Facebook CEO said, “That’s not the plan. I’m not going to be doing this forever, but I’m not currently thinking that makes sense ”.

The interview appeared after the New York Times reported in which way Coo Sheryl Sandberg and Zuckerberg  “ ignored warning signs” of the Analytica scandal of Cambridge and appointed a political consultancy owned by Republican and a PR firm to “ dig up dirt” on competitors.

 

Zuckerberg said during the interview, “I do run the company. I am responsible for everything that happens here. I don’t think this point was about a specific PR firm; it’s about how we act,” Zuckerberg said during the interview ”.

Facebook appointed a specific firm named Definers Public Affairs to counterattack against the spread inciting information.

The outgoing Head of Public Policy of Facebook, Elliot Schrage has frequently taken the blame for appointing the Definers.  

In the interview, Zuckerberg said, “we missed something really important” when it came to the Russian interference during the 2016 US election. It was not something we were expecting. I wish we understood it before 2016 before the Russians tried to do these information operations in the first place”.

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