Thiel’s departure was expected.

A board member since 2005, he said in February he wouldn’t seek reelection to thecompany’s board.

Votes in favor of the company’s executive compensation came in at 85% by contrast, according toMarketWatch.

The company already makes Oculus headsets for accessing metaverse spaces for work and play.

Thiel didn’t immediately respond to a request for comment through theThiel Fellowship.

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