Amid scandals and loads of trust issues with Facebook and it’s current boss Mr Mark Zuckerberg, there have been speculations that the founder and CEO of the company might lose his position.  While Kenneth Chenault had recently departed as a board member at IBM and Procter & Gamble, there had been rumors about him being the Zuckerberg’s potential replacement as the chairman of Facebook even though Chenault currently serves on the board of directors of the social network giant.

According to a Facebok spokesperson, Deepa Seetharaman, a tech reporter at the Wall Street Journal tweeted that Chenault will not be replacing Zuckerberg but retain his position as a member of the board in the company.

The company initially declined to comment, but later confirmed that the American executive won’t be taking the chairman position at Facebook.

The speculation on the resignation of Zuckerberg came to it’s  height when the company’s stakeholders called for his resignation as the chairman of the board while he still holds the CEO role at the company.

While the competence of Mark Zuckerberg is currently under close scrutiny, the calls for his resignation isn’t without merit. This year (2018), there have been enormous scandals and in particular the Cambridge Analytica where millions of users’ data were harvested from the platform while the platform had been labelled a fake news monger.

While Zuckerberg had claimed to be sorry and promised to fix Facebook since he founded it, his accountability is very important for the security of billions of people that uses the platform. Considering the level of setbacks the company had witnessed this year, the need for a more competent decision maker might be key to improving the security level of users on the platform. But we hope the company gets better at handling people’s data rather than selling users’ data for profit.