Peter Thiel Exits Meta Board
February 8, 2022
Peter A. Thiel, Partner at Founders Fund and PayPal co-founder has
decided not to stand for re-election to the Board of Directors of the
Company at the Company's 2022 Annual Meeting of Stockholders. Thiel has
been a member of the company's board of directors since 2005 and will
continue to serve as a director until the date of the Annual Meeting.
Mark Zuckerberg, Meta founder and CEO, said: "Peter has been a valuable
member of our board and I'm deeply grateful for everything he has done
for our company -- from believing in us when few others would, to
teaching me so many lessons about business, economics, and the world.
Peter is truly an original thinker who you can bring your hardest
problems and get unique suggestions. He has served on our board for
almost two decades, and we've always known that at some point he would
devote his time to other interests. I'm grateful he's served on our
board for as long as he has, and I wish him the best in his journey
who joined Meta's board in April of 2005, said: "It has been a privilege
to work with one of the great entrepreneurs of our time. Mark
Zuckerberg's intelligence, energy, and conscientiousness are tremendous.
His talents will serve Meta well as he leads the company into a new
Meta's other current board members are: Mark Zuckerberg; Robert M.
Kimmitt, Meta's Lead Independent Director and Senior International
Counsel at WilmerHale LLP; Peggy Alford, Executive Vice President,
Global Sales, PayPal Holdings, Inc.; Marc L. Andreessen, Andreessen
Horowitz; Drew Houston, Co-Founder and CEO, Dropbox, Inc.; Nancy
Killefer, Retired Senior Partner, McKinsey & Company; Sheryl K.
Sandberg, Chief Operating Officer, Meta; Tracey T. Travis, Executive
Vice President and Chief Financial Officer, The Estée Lauder Companies,
Inc.; and Tony Xu, Co-Founder and CEO, DoorDash, Inc.