Facebook's Zuckerberg urged to drop one leadership hat.

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At Facebook's annual meeting, some shareholders called for Mark Zuckerberg to take off one of his leadership hats.

Zuckerberg is both CEO and chairman of the social media giant's board of directors, but some see that dual role as hampering board independence.

"There is a clear conflict of interest when a corporation's board of directors, which is responsible for overseeing the CEO and representing shareholders, is chaired by that same CEO," explained

Lisa Lindsley, capital markets advisor for corporate accountability investor group SumOfUs, in a letter to shareholders. "An...

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