The Compensation, Nominating & Governance Committee, in coordination with the Lead Independent Director, will oversee the self-assessment process, and the results of the self-assessment process will be reported to the Board. The Board also reviews and, if appropriate, approves significant transactions and develops standards to be utilized by management in determining the types of transactions that should be submitted to the Board for review and approval or notification. Mark and his wife, Chan, have donated to many causes, including education, medical research and many others. The Compensation, Nominating & Governance Committee will annually review these Corporate Governance Guidelines and propose any changes it deems appropriate to the Board for consideration. She got her pre-medicine and medical degree from University of Nevada, Reno. In the 11th edition of TechSparks, we bring you best from the startup world to help you scale & succeed. In 1983, he joined Peace Corps after graduating from Bowdoin College, and went to teach high school math in Swaziland till 1985. Netscape saw a lot of success in the mid-1990s, owing to which Andreessen became the poster-boy of the Internet bubble generation, having been featured on the covers of many leading magazines. There are no limits on the number of terms that may be served by a director. Soon, Netscape Navigator lost its market share to Microsoft’s Internet Explorer.
He incorporated Whatsapp Inc. a week later, on his birthday. Born in North Carolina to democratic politician, politics seemed to be in his genes. about 2 weeks ago. In general, the agenda for every regularly scheduled Board meeting shall include a meeting of the “Independent Directors,” as defined by listing requirements of the stock exchange upon which the company’s securities are listed for trading, in executive session. Directors are encouraged to speak directly to any member of management regarding any questions or concerns the directors may have. Here are the eight people who are responsible for the company’s 12 years of social dominance: Most known for: Co-founder and General Partner, Andreessen Horowitz, Organisations founded: Andreessen Horowitz, Netscape, Loudcloud, Opsware, Ning, Personal Investments: Digg, Plazes, Netvibes, CastTV, Twitter, LinkedIn, Raine, and the RockMelt. I.
The Chairperson shall schedule and chair the meetings of the Board, and shall coordinate with the Lead Independent Director to set the agenda for such meetings. In consultation with the Chief Executive Officer, the Compensation, Nominating & Governance Committee will also review the performance of each other executive officer in connection with the determination of compensation for those officers. In 1997, Rational Software acquired the company and soon after, Reed left. Join or Log Into Facebook Email or Phone. Andreessen and Clark together started a company called ‘Mosaic Communications Corporation’, which was later renamed to ‘Netscape Communications’ and its flagship product was the Netscape Navigator. Menlo Park, California 94025 Interested Invite Share. When JEA wins, you win.
He has founded other firms like Palantir Technologies (CIA funded VC firm), Valar Ventures(global VC firm) and Mithril (a late-stage investment fund). The Compensation, Nominating & Governance Committee and the Board shall periodically review the size of the Board, which may be increased or decreased if determined to be appropriate by the Board. In 1996, he founded Thiel Capital Management. During summers, Facebook got its first investment from Peter Thiel.
Initial List will be asked to include such candidates). The Compensation, Nominating & Governance Committee will provide a report to the non-employee directors in executive session on its evaluation of the Chief Executive Officer’s performance and compensation, and either the chairperson of the Compensation, Nominating & Governance Committee or the Lead Independent Director will communicate the evaluation to the Chief Executive Officer. ensure that the initial list of candidates from which new director nominees are chosen (the “Initial List”) by the Board includes (but need not be limited to) candidates with a diversity of race, ethnicity and gender (and any third-party consultant requested to furnish an Summary. These Corporate Governance Guidelines are not intended to change or interpret any federal or state law or regulation, including the General Corporation Law of the State of Delaware, or the Certificate of Incorporation or Bylaws of Facebook, Inc. A few days later, Facebook acquired WhatsApp for $19 billion. Facebook was kicked-off in a dormitory in Harvard College. Corporate Secretary Facebook 1601 Willow Road Menlo Park, CA 94025 You may submit your concern anonymously or confidentially by postal mail. The Board does not require the separation of the offices of the Chairperson of the Board and the Chief Executive Officer. The Board currently has the following three standing committees: Audit & Risk Oversight Committee, Compensation, Nominating & Governance Committee, and Privacy Committee. The Lead Independent Director shall also perform such other functions and responsibilities as requested by the Board from time to time. The Lead Independent Director shall be appointed annually and shall serve until his or her successor is duly appointed and qualified, or until his or her earlier removal or resignation or such time as he or she is no longer an independent director of the Board.
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