Illinois State Treasurer Frerichs Leads Effort Calling on Facebook to Separate CEO and Board Chair to Reduce Investor Risk Amid Controversy
CHICAGO – Facebook’s turmoil, controversy, and governance failures are among the litany of reasons the social media giant needs an independent board chair, Illinois State Treasurer Michael Frerichs said today. Frerichs leads a group of institutional investors who filed a proposal to separate the Chief Executive Officer (CEO) and board chair roles at Facebook, which are held by Mark Zuckerberg. The proposal will go before a vote at Facebook’s 2021 Annual Shareholder Meeting.
Vermont State Treasurer Beth Pearce Comments on S&P Global Ratings' Rating Affirmation and Outlook Revision
Vermont Students Overcome COVID-19 Closures to Participate in 2019-2020 Reading is an Investment Financial Literacy Program
MONTPELIER, VT — Vermont State Treasurer Beth Pearce and the Vermont Pension Investment Committee (VPIC) have joined more than 251 institutional investors to urge the business community to take measures to protect their workforce, community, and markets as they confront the COVID-19 crisis.