Mark Zuckerberg, Facebook founder, in 2007 The data compromise scandal was 11 years away when Facebook founder Mark Zuckerberg posed for this photo; a tweet this week by CalSTRS pension fund's CIO marks the first time an investing figure of this stature has voiced support for the #DeleteFacebook movement. (Photo: AP)

(Bloomberg) –The California State Teachers' Retirement System Chief Investment Officer Christopher Ailman has a new investment — personally at least — and it's in the campaign to #DeleteFacebook. The executive tweeted his support last night, claiming he removed his account due to the "offensive" lack of oversight and poor management at Facebook Inc.

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.