Fb’s board backs COO Sheryl Sandberg over her calls to analyze George Soros (FB)

sheryl sandberg facebook coo

  • Fb's board has come out in assist of COO Sheryl Sandberg.
  • Sandberg has been underneath heavy criticism over her involvement in efforts to analyze George Soros and critics of Fb.
  • "When a widely known and outspoken investor assaults your organization publicly, it's honest and applicable to do that degree of diligence," the board stated.

Fb's board has chief working officer Sheryl Sandberg's again.

In a letter, the Silicon Valley tech big's board supported Sandberg's controversial request to analyze George Soros and whether or not the billionaire investor philanthropist had shorted the corporate's inventory after calling the social community a "menace to society."

"To be clear, Sandberg's query was fully applicable given her function as COO," it stated in a letter on Wednesday. "When a widely known and outspoken investor assaults your organization publicly, it's honest and applicable to do that degree of diligence."

You possibly can learn the total letter on CNET right here. 

The letter was despatched by Fb's normal counsel Colin Stretch to Patrick Gaspard, president of Soros's Open Society Foundations. It comes as Sandberg weathers unprecedented scrutiny and criticism over her assist of the Soros assaults, and her broader function in deflecting criticism and crises amid Fb's mounting scandals — as detailed in a bombshell investigation from The New York Occasions.

The letter stated Sandberg was being truthful when she stated she didn't know that the social community employed that public-relations agency, Definers, to discover Soros's criticisms of the corporate. Fb has been criticized for enjoying into anti-Semitic tropes, after a public relation agency employed by the corporate tried to smear critics by linking them to liberal billionaire George Soros.

We have reached out to Fb for remark and can replace after we hear again.


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This is the total textual content of the letter:

December 5, 2018

Patrick Gaspard
President
Open Society Foundations 224 West 57th Road
New York, NY 10019

Pricey Mr. Gaspard:

Thanks in your December four, 2018, letter to Fb, Inc.’s Board of Administrators. The board has requested me to reply on its behalf.

We take subject with a number of factors you elevate.

As you realize, in January of this 12 months, George Soros gave a extremely publicized speech to enterprise and political leaders through which he known as our firm a “menace to society.” As is to be anticipated following an assault from such a widely known and broadly revered determine, Fb employees instantly initiated analysis to aim to grasp the motivations driving the criticism, monetary or in any other case. That analysis was underway when Sheryl Sandberg, Fb’s Chief Working Officer, despatched an e mail asking if Mr. Soros had shorted Fb inventory. To be clear, Ms. Sandberg’s query was fully applicable given her function as COO. When a widely known and outspoken investor assaults your organization publicly, it's honest and applicable to do that degree of diligence. When Ms. Sandberg contacted you on November 15, she advised you, honestly, that she had not recognized in regards to the work achieved by the Definers public relations agency associated to Mr. Soros. Ms. Sandberg has additionally made clear that she takes full accountability for any work achieved on her watch, and she or he and Mr. Zuckerberg have ordered a full evaluation of the corporate’s work with communications consultants.

Your letter raises further considerations which were the main focus of current public scrutiny. With respect to efforts by Russia and others to make use of Fb to unfold disinformation, we now have repeatedly and publicly taken accountability for our failure to determine and reply to this risk sooner. For the reason that 2016 election, we now have made huge investments in know-how and in individuals, and we're pleased with the progress we now have made in defending election integrity, in addition to in limiting the distribution of pretend information and sharply curbing hate speech on the platform. Now we have additionally created an impartial election fee to look at the connection between social networks and democracy, and we're endeavor a civil rights audit of our platform. A lot further work stays, however to be clear these usually are not the actions of an organization that has, in your phrases, “did not take accountability.”

Organizations all over the world, together with the Open Society Foundations and lots of the organizations they assist, use Fb and our different free companies to attract consideration to necessary points, to fundraise, and to construct assist for the causes they imagine in – to, within the phrases of your mission assertion, “construct vibrant and tolerant societies whose governments are accountable and open to the participation of all individuals.” We imagine our companies assist give individuals and organizations resembling yours the ability to do precisely that.

Sincerely,

[Signature]

Colin Stretch Basic Counsel Fb, Inc.

Cc: Board of Administrators, Fb, Inc.

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