Since 2004, Mark Zuckerberg has been the CEO of Facebook.
Hayley Warnham created the illustration; source: Christophe Morin/Bloomberg.
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In its 17-year history, has faced various hurdles, but this year has seen unprecedented problems with free expression and data privacy. Mark Zuckerberg rose to the challenge, making difficult decisions with far-reaching effects beyond Facebook’s social networks. Following the Jan. 6 brawl at the US Capitol, Zuckerberg, 37, was chastised for taking a more conciliatory approach to former President Donald Trump—and for banning him from Facebook. Zuckerberg sparked a debate over user privacy.
Apple’s
Facebook was defended in Senate hearings and on the doorstep.
In addition to supervising a quick recovery in Facebook’s main advertising revenue, Zuckerberg has pushed the creation of new solutions to assist consumers and businesses in dealing with the Covid-19 outbreak. Shops, a service that allows businesses to sell online, now has over a million active shops and 250 million monthly visitors. Employees have been treated nicely by the corporation, which has expanded its remote-work program. Since Barron’s optimistic April cover story, Facebook’s stock has risen approximately 10% as investors bet on the company’s growth potential. This year, profit per share is predicted to increase by 30%, while revenue is expected to increase by 34%.
Max A. Cherney can be reached at max.cherney@barrons.com.
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