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Chronicles

The story behind the story

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Meta appoints Hock E. Tan, the president and CEO of Broadcom, and philanthropist John Arnold, an Arnold Ventures co-founder, to its board, effective immediately

Corporate governance, folks.  [embedded post] X: Jordan McNamee / @optimist_fund : I love picturing Hock Tan talking in the $META board meetings on cost cutting. If he ran $META operating margins would be 99% lol. Rat King / @mikeisaac : interesting additions to Meta's board, including broadcom's CEO Hock Tan, who has a rep for cost-cutting at companies and had this headline last year ["Broadcom CEO tells VMWare workers to ‘get butt back to office’ after completing a $69 billion merger of the two companies"] John Arnold / @johnarnoldfndtn : I'm thrilled and honored to join the board of Meta. Dylan Patel / @dylan522p : Hock Tan, CEO of Broadcom joins the board of Meta! WOW! Meta gonna have more cuts? https://www.bloomberg.com/... LinkedIn: Hock Tan : I am pleased to join the Meta Board and contribute to achieving the company's vision.  Meta has an incredible role to play in the next-generation … Facebook: Mark Zuckerberg : I'm excited to share that Hock Tan and John Arnold are joining Meta's board of directors. …

Bloomberg Kurt Wagner

Discussion

  • @karissabe Karissa on threads
    replacing Sheryl with an Enron exec is .. a move
  • @scriban.bsky.social @scriban.bsky.social on bluesky
    Another fun fact about John Arnold is that he's a former Enron energy trader.  —  Corporate governance, folks.  [embedded post]
  • @johnarnoldfndtn John Arnold on x
    I'm thrilled and honored to join the board of Meta.
  • @dylan522p Dylan Patel on x
    Hock Tan, CEO of Broadcom joins the board of Meta! WOW! Meta gonna have more cuts? https://www.bloomberg.com/...
  • @mikeisaac Rat King on x
    interesting additions to Meta's board, including broadcom's CEO Hock Tan, who has a rep for cost-cutting at companies and had this headline last year ["Broadcom CEO tells VMWare workers to ‘get butt back to office’ after completing a $69 billion merger of the two companies"]
  • @optimist_fund Jordan McNamee on x
    I love picturing Hock Tan talking in the $META board meetings on cost cutting. If he ran $META operating margins would be 99% lol.