Accel Director Steps Off Boards Of Dell, Facebook, Wal-Mart

Law360, New York (April 30, 2013, 5:09 PM EDT) -- Jim Breyer, the venture capitalist who engineered Accel Partners' blockbuster investment in Facebook Inc., is stepping down from the boards of Facebook, Dell Inc. and Wal-Mart Stores Inc., according to regulatory filings Monday.

He will continue serving through the companies' board meetings — Wal Mart's on June 7, Facebook's on June 11 and Dell's, whose vote is wrapped up in an ongoing buyout process, whenever it is scheduled.

None of the companies gave a reason, but Breyer appears to be cutting back on board responsibilities to...
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