PayPal founder Peter Thiel announces resignation of Meta's board of directors and will run for the US midterm elections


Heisenberg Media

It has been revealed that Meta's board member and PayPal co-founder Peter Thiel will retire from the board. Mr. Thiel has stated that he will not run for re-election of directors after continuing his duties until Meta's annual shareholders meeting.

Meta --Peter Thiel to Retire from Meta Board of Directors at 2022 Annual Shareholder Meeting default.aspx

Peter Thiel to Exit Meta's Board to Support Trump-Aligned Candidates --The New York Times

Thiel co-founded PayPal in 1998 and was CEO of PayPal until 2002. After PayPal was acquired by eBay , he founded a hedge fund and was an investor. In 2004, Mark Zuckerberg launched a Facebook operator that was an SNS for college students, and Tyr invested in it. In addition, he has been a member of Facebook (Meta) for about 17 years since 2005.

Mr. Tyr is also known for his conservative political stance and has long expressed his support for former President Donald Trump. In the 2016 U.S. presidential election, when Cambridge Analytica, a consulting company on the Trump camp side, was found to have abused 50 million Facebook user data , he was enthusiastic about former President Donald Trump. Zuckerberg defended Mr. Trump, although there were voices saying that Mr. Tyr should be dismissed from the board. According to the New York Times, which reported Tyr's retirement in advance of Meta's press release, Tyr retired as a candidate for federal parliament in the 2022 midterm elections in November. that's right.

by Ken Yeung

'I'm honored to be working with CEO Zuckerberg, one of the great entrepreneurs of our time. The intelligence, energy and integrity of CEO Zuckerberg is amazing. He. Talent will lead companies to a new era. '

Zuckerberg said, 'Peter (Tiel) is a valuable member of Meta's board of directors and is deeply grateful for everything he has done for Meta. Others believe in Meta. Even if he didn't, Mr. Thiel believed and taught me a lot about business, the economy and the world. Peter is a really creative idea and gives me unique advice when it comes to challenges. He has been a board member of Meta for almost 20 years, but we knew he would eventually spend some time on other interests. He has long been a board member. I am deeply grateful to you for being there and wish you all the best in the future. '

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