Earlier this month, Facebook co-founder, Chris Hughes called on Mark Zuckerberg asking for a breakup. Now, it’s a former executive asking the tech giant to hire a new CEO, because he thinks that Mark Zuckerberg is amassing too much power and control which isn’t business-healthy. He said on Tuesday:
“There is a legitimate argument that he has too much power. He needs to give some of that power. Facebook needs to have an internal revolution on the culture of how products are built and Zuckerberg should lead that charge.”
Facebook has attracted lots of criticisms for the massive influence it holds globally. Chris Hughes accused Zuckerberg of running a monopoly when he accused the Facebook boss of unchecked power and influence, which he said was beyond that of any private or governmental institution. Facebook owns Instagram and WhatsApp, the most popularly used photo-sharing app and instant messaging app.
Alex Stamos, the ex-executive recommends Brad Smith, the current president of Microsoft who he thinks is a good fit owing to his wealth of experience. Brad Smith joined Microsoft in 1993 and rose to become general counsel in 2002. In the wake of the Cambridge Analytica scandal, Zuckerberg had reached out to him and others for some sort of advice since they had experienced a similar ordeal.
“If I was him, I would go hire a new CEO for the company,” Stamos said with the belief that Zuckerberg’s passion lies elsewhere. With the recent departure of Christopher Fox who held the position as a chief product officer, the Facebook boss had replaced him. Stamos believes that he’s doing a great job as his replacement.
“He should hire a CEO that can help signal both internally and externally that the culture has to change,” he said, speaking at a tech conference in Toronto, Canada.
It may appear that Facebook is reaching a height bigger that Zuckerberg; no wonder ex colleagues are calling for him to step down his position as CEO or to break up. Is it just an issue of perceived monopoly or the fear of one person with too much power and global influence?