Zuckerberg Tells Rogan, In Normal Corporations, CEOs Fight To Stay Employed, ‘I’m Not Worried About Losing My Job, I Control Our Company’
Mark Zuckerberg recently joined Joe Rogan on The Joe Rogan Experience to discuss Meta's future, including ending its third-party fact-checking program and moving to a Community Notes model, along with jiu-jitsu, Apple, Trump and many other topics.
At one point in the almost three-hour-long conversation, Rogan said he was “very happy” Zuckerberg brought Dana White, the UFC president, to Meta’s board of directors. This kicked off a tirade from Zuckerberg telling Rogan how White is an “amazing entrepreneur” and has been “talking to him for a while about that.”
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The Power of Control – and Its Risks
Zuckerberg's dual-class stock structure at Meta gives him majority voting power. This means he doesn't have to worry about losing his job, like most CEOs who have to keep their boards happy.
"In a normal corporate environment, the CEO's job is often just convincing the board not to fire them," Zuckerberg told Rogan. "Because I control our company, I have the benefit of not having to convince the board not to fire me. I actually get to use our board to have the smartest people who I can get to have around me help work on these problems."
While this may free Zuckerberg to focus on long-term projects, it also concentrates an extraordinary amount of power in one individual. Critics argue this structure undermines accountability, turning Meta's board into what governance expert Nell Minnow calls "cheerleaders, rather than overseers." This setup makes people wonder if Meta's leaders can handle big problems without strong systems to keep things fair and balanced.
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A Controversial Appointment
Zuckerberg's comments about his board's composition came amid the recent appointment of Dana White, president of the UFC, to Meta's board of directors. White's close ties to Donald Trump – he's been a vocal supporter and even appeared in Trump's first TikTok video – have drawn criticism. Many see White's addition as a move to curry favor with the incoming Trump administration, particularly given Trump's history of criticism toward Meta.
"I would be surprised if Meta’s competitors haven’t had similar conversations at the board level about adjusting to potential government scrutiny changes," Jason Schloetzer, an associate professor at Georgetown University McDonough School of Business Governance, told Fortune. Experts like him warn that politicizing board appointments could set a dangerous precedent, prioritizing political alliances over qualifications.
A Questionable Fit
White's inclusion has also raised eyebrows for reasons beyond politics. While he's a successful entrepreneur who transformed the UFC into a $12 billion global brand, he lacks governance experience outside of sports entertainment. This runs counter to the growing expectation that board members bring industry-specific skills or expertise in areas like cybersecurity, finance or emerging technology.
“He’s got a strong backbone. We have a lot of governments and folks around the world putting a lot of pressure on our company and we need some strong people who are going to help advise us on how to handle some of these situations,” Zuckerberg told Rogan.
Additionally, White's history of controversy, including a 2022 incident where he was caught on video in a physical altercation with his wife, has sparked internal debate at Meta. Some employees reportedly celebrated his appointment, while others questioned the message it sent about Meta's values.
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