Billionaire Peter Thiel to Step Down From Board of Facebook's | G3 News

Billionaire Peter Thiel to Step Down From Board of Facebook's Parent Company Meta

@G3News: Billionaire tech investor and PayPal Co-founder Peter Thiel will step down from the board of Facebook owner Meta, the company announced Monday.

Thiel, an early Facebook investor and close confidante of CEO Mark Zuckerberg, will not stand for re-election to the board at the company’s 2022 annual stockholders’ meeting. He will continue to serve on the board until the annual meeting, the company said.

Thiel has been on the Facebook board since 2005.
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