Facebook's Sheryl Sandberg, Twitter's Jack Dorsey to leave Disney board
Los Angeles
FACEBOOK Inc's Sheryl Sandberg and Twitter Inc's Jack Dorsey are stepping down from Walt Disney Co's board as the increasing competition between media and technology companies creates new conflicts.
Ms Sandberg, Facebook's chief operating officer, and Mr Dorsey, Twitter's chief executive officer, aren't running for re-election at the annual meeting scheduled for March 8, according to a Disney filing last Friday. Orin Smith, the 75-year-old lead independent director, and Robert Matschullat, 70, won't stand for re-election either because of term and age limits for board members.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Technology
Garmin’s Q1 results beat on strong demand for fitness, auto products
Foxconn’s musical chairs sound like punk rock
US sets up board to advise on safe, secure use of AI
Regulate AI? How US, EU and China are going about It
Meta’s results are best viewed through rose-tinted AI glasses
'Harvesting data': Latin American AI startups transform farming