“Can you remember the last time a chief executive fell from grace with as loud of a thud as Facebook wunderkind Mark Zuckerberg?” Jon Friedman asks for MarketWatch. “Yes, I can remember: Steve Jobs. He was banished from Apple Inc., the company he founded, only to return many years later to Everest-like heights.”
“So far, Mark Zuckerberg has proven he is no Steve Jobs. Just look at the stock performance,” Friedman writes. “Granted, it’s been only a few months, but Zuckerberg has yet to step up and prove he can wear the mantle of Steve Jobs.”
Friedman writes, “Facebook’s stock fell to a record low during trading on Tuesday, plunging more than 40% below its IPO price of $38. Today, Zuckerberg needs a public-relations makeover — quickly — if not only for his own image, but also for the sake of the Facebook’s stock price. This is crucial because Zuckerberg is the face of the company.”
Read more in the full article here.
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