Should Mark Zuckerberg step down as Facebook's CEO?

The social network's stock keeps sinking, and restless investors are calling for the 28-year-old hoodie enthusiast to relinquish the company's reins

Mark Zuckerberg's not-so-secret disdain for Wall Street might be reason enough for the Facebook founder to give the CEO position to someone else.
(Image credit: Justin Sullivan/Getty Images)

Wall Street seems inclined to unfriend Facebook's Mark Zuckerberg. Shares in his newly minted public company dipped below $20 this week, barely half of May's initial public offering price of $38. At the time of the IPO, Facebook was anointed "the darling of Wall Street" following an opening day frenzy that valued Zuck's social network at well over $100 billion — good enough for the second largest IPO in U.S. history. But now, restless investors are calling for Zuckerberg to turn the company's reins over to someone with more leadership experience. Would Facebook be better served by a seasoned CEO?

It's time for Zuck to go: "Zuckerberg may be a visionary, but visionaries don't always make great CEOs," says David Futrelle at TIME. The hoodie-clad Harvard dropout has made no secret of his disdain for Wall Street, but "once a company goes public, the CEO has to at least pretend to care" what investors think. Stock price matters, and if Zuckerberg can't at least feign interest in dealing with the suits, "why not give that particular job to someone else?" He'll still have a controlling interest in the company for big decisions. "And he can keep wearing the hoodie."

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