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Form 8-K · Current Report · Filed 2024-02-14

Meta Announces Additions to Board of Directors

On February 13, 2024, Meta Platforms, Inc.

Filer
Meta Platforms Inc. META · NASDAQ
Filed
Accession
0001326801-24-000019
CIK
0001326801
Signal
High impactCommunication Services

Details

announced the immediate election of John Arnold and Hock Tan to its Board of Directors. Both individuals have been appointed to the Audit & Risk Oversight Committee. John Arnold is a co-founder of Arnold Ventures and Grid United, while Hock Tan is the President and CEO of Broadcom Inc. The addition of these directors is expected to aid Meta in its focus on building artificial general intelligence (AGI) and in leveraging expertise in silicon and energy infrastructure.

Items reported

Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

Board Member Appointed Key Executive Appointment
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$460.12

Next session

+5.2%

Since filing

+21.0%

Latest close

$556.71

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from META reporting the same item, with the next session's move:

Exhibits (1)

About Meta Platforms Inc.

Meta Platforms Inc., commonly known as Meta, is a leading technology conglomerate focused on building integrated social media and technology solutions. The company owns and operates several pivotal platforms such as Facebook, Instagram, WhatsApp, and Oculus, which serve billions of users globally, making it a cornerstone in the digital communication and social networking industries. Meta is renowned for its continuous innovation in connecting people and businesses through its expansive suite of applications and services. A defining feature of Meta is its ambitious development of the metaverse, a virtual reality space where users can interact in a computer-generated environment, highlighting the company's commitment to pioneering new forms of digital interaction. Meta plays a significant role in digital marketing as one of the largest advertising platforms, providing businesses with tools to reach targeted audiences. This positions Meta as a crucial player in shaping the future of digital communication, social interaction, and virtual environments on a global scale.

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