Facebook To Increase Minority Representation In Leadership, Pledges $200M To African American Businesses

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Facebook Inc. (NASDAQ: FB) has pledged to raise the representation of minorities in leadership roles and will support minority-owned businesses to the extent of $200 million.

What Happened

In a Facebook post on Thursday, Sheryl Sandberg, COO of the company, explained how the killing of George Floyd and the resulting protests had brought into focus the need to support the black community.
Sandberg said Facebook will invest $1.1 billion overall in support of the African American and other …

Full story available on Benzinga.com

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