Facebook is losing its fifth board member in roughly a year, while also adding a new lead independent board director, the company said Thursday. Jeffrey Zients, CEO of The Cranemere Group, will step down from the board after Facebook’s annual shareholder meeting this year. Facebook is adding Robert Kimmitt, former Deputy Secretary of the U.S. Treasury, as its lead independent director—a role...
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The Heir Who Wants to Be Mayor
Hi, welcome to your Weekend.To spend time with Daniel Lurie is to understand the true meaning of the word “mensch.” Everyone who knows the San Francisco philanthropist and Levi’s heir says pretty much the same things about him: Daniel is “a really good guy”—affable, smart, egoless and earnest in his desire to improve the lives of the neediest. So earlier this year, when I began hearing...
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