Facebook’s parent company, Meta, said Monday that Peter Thiel, the venture capitalist who helped supercharge the social network’s trajectory and later became a vocal supporter of former President Donald Trump, will leave the company’s board of directors later this year.
Meta said in a statement that Thiel had decided not to be re-elected to the board. The company did not give a reason.
Thiel has been on the board of directors for Facebook since 2005, a year after CEO Mark Zuckerberg co-founded the company, and he was among its earliest investors.