Republican donor and investor Peter Thiel to leave Facebook board

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.

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