Four primary United States public funds have discussed the chances of removing Zuckerberg as Facebook chairman. The companies believe that his tenure as the chairman has been mulled with several scandals. They think that the backing from the more prominent asset managers will be crucial in eliminating Zuckerberg from his position. The proposal was also co-filed with State treasurers from Pennsylvania, Rhode Island, Illinois and New York City. The people who filed the proposal ate in charge of the money, which also encompasses pension funds. The group believed that the current bid is still applicable since it will force a meeting at the annual meeting. So far, according to this article, Facebook has not released any official statement concerning the same. Although Zuckerberg holds more than 60% voting rights, the four significant public funds believe they can build on the 2017 resolution.

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