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Former Facebook security chief says it's time for Mark Zuckerberg to step down as CEO


Added 05-21-19 08:31:02pm EST - “Facebook is facing criticism from yet another one of its former executives. As detailed by CNBC, former Facebook security chief Alex Stamos questioned the amount of power Mark Zuckerberg has accumu?” - 9to5mac.com

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Posted By TheNewsCommenter: From 9to5mac.com: “Former Facebook security chief says it’s time for Mark Zuckerberg to step down as CEO”. Below is an excerpt from the article.

Facebook is facing criticism from yet another one of its former executives. As detailed by CNBC, former Facebook security chief Alex Stamos questioned the amount of power Mark Zuckerberg has accumulated while speaking at the Collision Conference in Toronto.

Stamos said that there’s a “legitimate argument” that Zuckerberg has developed too much power as the CEO of Facebook. Stamos went on to say that if he were in Zuckerberg’s position, he would hire a new CEO for Facebook.

Zuckerberg is also currently serving as Facebook’s interim Chief Product Officer, following the departure of Chris Cox earlier this year. Stamos believes product is where Zuckerberg’s passion is, suggesting that he focus on that and hand over the CEO reigns to someone new.  Stamos suggested that Microsoft President Brad Smith would make a good Facebook CEO.

“There’s a legit argument that he has too much power,” said Stamos, who left the company in 2018, at the Collision Conference in Toronto. “He needs to give up some of that power. If I was him, I would go hire a new CEO for the company.”

Product is “where his passion is,” Stamos said. “He should hire a CEO that can help signal both internally and externally that the culture has to change.”

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