Facebook To Webcast Its First-Ever Stockholders Meeting June 11th

TechCrunch

Facebook’s board of directors and stockholders will convene on June 11, and anyone will be able to virtually sit in as Facebook today announced it will webcast its first stockholder’s meeting. The move will likely set a precedent for webcasting future Facebook stockholders meetings, similar to how Google does, but in contrast to Apple’s un-streamed assemblies.

Core to the meeting’s agenda will be the election of Facebook’s board of directors. In a letter to its shareholders, Facebook asked them to elect all existing board members, excluding Jim Breyer who announced in April that he would step down from the board after eight years of service. The members seeking election are Mark Zuckerberg, Sheryl Sandberg, Donald Graham, Marc Andreessen, Erskine Bowles, Reed Hastings, Peter  Thiel, and newest member Susan Desmond-Hellmann.

The meeting will also hear non-binding advisory votes on the compensation for Facebook executive officers and whether stockholders should vote on this compensation program every one, two…

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