Facebook board adds Zuckerberg friend, Dropbox’s CEO – TechCrunch

Facebook board adds Zuckerberg friend, Dropbox’s CEO – TechCrunch

Mark Zuckerberg
Shareholders have repeatedly tried to oust Facebook’s chairman Mark Zuckerberg.
The board has repeatedly rejected that demand. Outside investors are unlikely to get much help with that push from Facebook’s newest board member: Dropbox co-founder and CEO Drew Houston.The addition of Houston is the first since the departure of Dr. Susan Desmond-Hellmann from the board in October. She was the lead independent director and that role remains empty. While the “independent” status relates to financial ties, business aside, Houston and Zuckerberg’s personal relationship might have complicated the storage startup leader asuming that position.Zuckerberg and Houston have been close for 8 years, appearing in photos together since at least 2012 when they rode around the exclusive Allen & Co Sun Valley conference together (seen above). .

A less flattering moment saw Zuckerberg and ex-Uber CEO Travis Kalanick celebrating Houston’s birthday at a “Babes & Balls” themed party at ping-pong bar Spin in San Francisco.Mark Zuckerberg plays ping-pong at SPiN in San Francisco while Drew Houston (to his right) watches on. Image by via Ryan Soule of SPiN via USA TodayHouston has also found a mentor in Zuckerberg, who went through the trials of an initial public offering with Facebook a few years before Dropbox made the journey. Houston told Bloomberg in 2015 that “[Zuckerberg’s] given me a lot of advice just on company scaling, how do you organize people, how do you set up these systems.”Houston is an accomplished technologist, graduating in computer science from MIT where he came up with the idea for Dropbox. As Facebook undertakes an integration of its messaging apps to expand end-to-end encryption, Houston’s guidance could serve the company well.But given Dropbox has come under less scrutiny for its content moderation and impact on society, two issues constantly facing Zuckerberg and Facebook, he may have less to add on the topics than Desmond-Hellmann. She had been the CEO of the Bill & Melinda Gates Foundation philanthropy and the chancellor of University ....

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