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fb’s Sandberg Says Peter Thiel to remain on Board

Facebook's Sandberg Says Peter Thiel to Remain on Board

fb Inc. leader working Officer Sheryl Sandberg said board member Peter Thiel is bankrolling complaintstowards Gawker Media LLC based on his very own personal convictions, and his assist does not have an effect on his function at fb.

Thiel, a PayPal founder and early facebook investor, lately found out that he become secretly backing Hulk Hogan’s lawsuit against Gawker, ensuing in a $140 million verdict towards the internet site and perilousits lifestyles. facebook, meanwhile, has been operating to enchantment to information corporations sothey will use its products like stay video and instant Articles.

“Peter did what he did on his personal, no longer as a fb board member,” Sandberg said Wednesday at Re/Code’s Code conference in Rancho Palos Verdes, California. “We did not know about it.”

That contrasts with how facebook dealt with another outspoken board member, investor Marc Andreessen, who angered Indian residents whilst he cautioned that they have to be extra open to fb‘s free basicsproduct for new internet users. Andreessen alluded to how colonialism helped the united states, and howthe web initiative could, too.

That brought on facebook chief govt Officer Mark Zuckerberg to weigh in, pronouncing that Andreessen’sfeedback “do now not represent the manner fb or I think in any respect.”

in that case, “it nearly felt like he turned into talking for fb,” Sandberg stated of Andreessen. “We felt weneeded to remark.”

we’ve got very unbiased board members with very independent thoughts that they share publicly,” shebrought. “they’re not afraid to suppose in a different way and that i assume that serves fb well.”

Sandberg also rebuffed speculation about her taking on the function of CEO at Walt Disney Co.,announcing: “I do not want any other task.” That consists of jogging for political office, too.

leader generation Officer Mike Schroepfer can even live at fb, he stated at the convention.

© 2016 Bloomberg L.P.

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Tags: facebook, internet, Peter Thiel, Sheryl Sandberg, Social