There was a demonstration outside of Facebook’s New York office on Wednesday, organized by the women’s rights group UltraViolet, to protest the social media giant’s decision to appoint an all-white, all-male board ahead of its IPO. The group attempted to deliver a petition, signed by over 53,000 people, demanding that women be added to the board.
“Facebook is going to launch one of the largest IPO’s in history this summer, a success built largely on the participation of women – 58% of their users are women and the vast majority of sharing on the site is done by women – and yet zero people on the board are women.” said UltraViolet co-founder Shaunna Thomas.
Protesters argued that the decision to appoint an all-male board, was bad for the company and for users. Marie Wilson of the White House Project, an non-profit working to advance women in business, stressed the positive effects of women on boards, “We know the difference women make on boards in terms of long-term thinking that’s needed for the future and the value they bring in terms of what they want when they get on boards.” With the involvement of women, the board would better understand and serve its mostly female users, she argued.