> A corporate trust managed by financial services firm Brown Brothers Harriman will in turn oversee the board’s budget and administration Any details on how board members will be appointed, vetted and selected? This looks like Facebook creating a red herring it can blame for the consequences of policing its platform.
> While Facebook will select the first 11 members of the board, the eleven will choose the remaining board members, with terms lasting three years.
facebook picks the first 11 board members and then those 11 staff new appointments for 3 year terms, but not sure if the first 11 also control staffing throughout the org.
if this is a "facebook supreme court" then its kinda fishy if the stakeholders get to appoint the first 11 judges...
edit: also, tsk tsk wallstreet journal. if you use numerals (11) in a piece of writing, dont switch to the written number (eleven)!