InfoAnda - CalSTRS wants Facebook board to expand, add women |

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

Saudi Shi'ites throng funeral of slain protester | | 11 July 2012
Exit plans depend on each country | 27 February 2010
RI club owner in fatal fire case out of prison | 26 June 2009

Wall dividing Slovak village sparks Roma outcry | 26 November 2009

Forum Views () Forum Replies ()

Read more with google mobile : CalSTRS wants Facebook board to expand, add women |

Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Home Business Business Home Economy Davos 2012 Technology Media Small Business Legal Deals Earnings Summits Business Video The Freeland File Markets Markets Home U.S. Markets European Markets Asian Markets Global Market Data Indices M&A Stocks Bonds Currencies Commodities Futures Funds peHUB World World Home U.S. Brazil China Euro Zone Japan Mexico Russia India Insight World Video Reuters Investigates Decoder Politics Politics Home Election 2012 Issues 2012 Candidates 2012 Tales from the Trail Political Punchlines Supreme Court Politics Video Tech Technology Home MediaFile Science Tech Video Tech Tonic Opinion Opinion Home Chrystia Freeland John Lloyd Felix Salmon Jack Shafer David Rohde Bernd Debusmann Nader Mousavizadeh Lucy P. Marcus David Cay Johnston Bethany McLean Edward Hadas Hugo Dixon Ian Bremmer Mohamed El-Erian Lawrence Summers Susan Glasser The Great Debate Steven Brill Geraldine Fabrikant Jack & Suzy Welch Breakingviews Equities Credit Private Equity M&A Macro & Markets Politics Breakingviews Video Money Money Home Tax Break Global Investing MuniLand Unstructured Finance Linda Stern Mark Miller John Wasik James Saft Analyst Research Alerts Watchlist Portfolio Stock Screener Fund Screener Personal Finance Video Money Clip Investing 201 Life Health Sports Arts Faithworld Business Traveler Entertainment Oddly Enough Lifestyle Video Pictures Pictures Home Reuters Photographers Full Focus Video Reuters TV Reuters News Article Comments (1) Video VIDEO Phone app stops driver texting A new cell phone application limits distracted driving by prohibiting the ability to text or e-mail when the device is traveling more than 15 miles per hour. It can also track the mobile user's location using GPS. Video "Sky villages" elevate debate over tsunami security Algorithm charts the way to music success Nikon captures "big picture" with D800 Follow Reuters Facebook Twitter RSS YouTube Read Three-state sweep revives Santorum's White House hopes 2:01am EST Romney's lead dips despite wins: poll 07 Feb 2012 Chinese official takes "leave" in blow to ambitious Bo Xilai 1:01am EST U.S. authorities looking into Murdoch foreign payments 07 Feb 2012 Hacker releases Symantec source code 07 Feb 2012 Discussed 450 FBI warns of threat from anti-government extremists 195 Job growth seen slowing after holiday boost 113 Romney’s lead dips despite wins: Reuters/Ipsos poll Watched Europe's roads buried under snow and ice Tue, Feb 7 2012 Jet engine bike passes test-fire trial ahead of speed record bid Mon, Feb 6 2012 Obama hosts science fair Tue, Feb 7 2012 CalSTRS wants Facebook board to expand, add women Tweet Share this Email Print Related News Facebook governance a concern for California pension fund Tue, Feb 7 2012 As Facebook grows up, it courts Madison Avenue Mon, Feb 6 2012 A sobering look at Facebook Fri, Feb 3 2012 Facebook's Zuckerberg to keep iron grip after IPO Thu, Feb 2 2012 Analysis: Facebook's daunting Asian challenge Thu, Feb 2 2012 Analysis & Opinion Expect Mark Zuckerberg to morph into Murdoch How to end the banker backlash Related Topics Tech » Media » Facebook » Related Video Facebook governance "troubling": corporate governance expert Tue, Feb 7 2012 Tue Feb 7, 2012 8:40pm EST (Reuters) - The California State Teachers' Retirement System, the second-largest largest pension fund in the United States, wants Facebook Inc (FB.N) to expand its board of directors and diversify a panel that has no women. "We are disappointed that the Facebook board will not have any women members," CalSTRS corporate governance director Anne Sheehan wrote in a letter to Facebook founder and Chief Executive Mark Zuckerberg Tuesday. "We believe that investors and the company would benefit from a larger, more diverse board." CalSTRS, which managed $150 billion in assets on February 2, said it held Facebook stakes through its private equity investments and expects to be a common stock holder when the social media company goes public later this year. Sheehan in the letter urged Facebook to add new board members before the initial public offering. CalSTRS officials told Reuters on Monday that it was planning to engage with Facebook over its corporate governance concerns. Facebook officials could not be reached immediately for comment. Facebook last week filed for a $5 billion IPO, a deal that would value the upstart social media company at about $100 billion. In addition to being one of the biggest IPOs ever, the deal is drawing fire from corporate governance circles. Facebook, for example, set up a series of defenses against proxy battles and unwanted takeover attempts, according to its filing with the U.S. Securities and Exchange Commission. Zuckerberg also would remain in complete control of the company for the foreseeable future, so much so that the 27-year-old Harvard University drop-out would even have the right to appoint his own successor before he dies. CalSTRS, though, is taking aim at a board of directors with six members in addition to Zuckerberg, the board's chairman: Marc Andreessen, Erskine Bowles, James Breyer, Donald Graham, Reed Hastings and Peter Thiel. (Reporting By Paritosh Bansal and Joseph A. Giannone; Editing by Richard Chang) Tech Media Facebook Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (1) Corpgov.net wrote: Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Back to top Reuters.com Business Markets World Politics Technology Opinion Money Pictures Videos Site Index Legal Bankruptcy Law California Legal New York Legal Securities Law Support & Contact Support Corrections Advertise With Us Connect with Reuters Twitter Facebook LinkedIn RSS Podcast Newsletters Mobile About Privacy Policy Terms of Use Copyright Our Flagship financial information platform incorporating Reuters Insider An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomsonreuters.com About Thomson Reuters Investor Relations Careers Contact Us Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Other News on Wednesday, 8 February 2012
Renesas, Fujitsu, Panasonic to merge system chip ops: report |
German police use Facebook pictures to nab crooks |
Chris Brown returns to Grammys; Rihanna also to perform |
Dierks Bentley new album brings country fans Home |
Attacks in Syria's Homs resume after Russian peace foray |
Maldives installs new president amid coup allegations |
NATO, Afghan and Pakistan officials to hold border talks |
South Korea opposition party says it will repeal U.S. trade deal |
Cubans say U.S. embargo a failure at 50 |
Egyptians must work to end military rule: ElBaradei |
U.S. drone attack kills 10 in Pakistan: officials |
Argentina condemns British militarization in Falklands |
Chinese official takes leave in blow to ambitious Bo Xilai |
Analysis: More than just Great Firewall awaits Facebook in China |
Amazon and Viacom close to Web video deal |
Yahoo chairman exits, review drags on |
Samsung says TV sales stronger; plans to launch low-end TVs |
CalSTRS wants Facebook board to expand, add women |
Halliburton to abandon BlackBerry, turn to iPhone |
RIM tells European developers it's ready to compete |
Japan firms talk on system chip tie in reform drive: sources |
Chris Brown returns to Grammys; Rihanna also to perform |
Ellen breaks silence on furor over J.C. Penney gig |
Madonna world tour to start on May 29 |
Records tumble at Christie's art sale |
American Idol producer goes on attack against rivals |
The Fray display Scars with confidence on new album |
Signs build that Iran sanctions disrupt food imports |
Insight: In Sudan, glimpses of an Arab spring |
Sexual abuse silence deadly for Church: Vatican official |
U.S., Japan decouple Marines Guam move from Okinawa base |
Mogadishu car bomber kills at least nine: police |
Egypt will not be swayed by aid threat in NGOs case: PM |
No immunity for Yemen's Saleh abroad: Human Rights Watch |
Optimism springs eternal in Cisco shares ahead of results |
Sprint loss widens on iPhone costs |
AOL hires chief content officer for troubled Patch |
Silicon Graphics shares dive on margin worries |
News Corp reaches more phone hacking settlements |
Nokia to axe 4,000 jobs, move assembly to Asia |
Avid shares surge on first profit in 4 years |
Inmarsat has not received bid approaches: source |
Downton Abbey brings cool TV crowd to America's PBS |
Berlin film festival aims for cutting edge in 2012 |
A Minute With: Rachel McAdams on remembering her Vow |
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph	VPN on MacOSX	BlogMeter 1.01