Facebook Adds PayPal Exec to Board as Netflix’s Hastings Leaves

By Andrew Pollack and Anousha Sakoui

04/15/2019

Facebook Inc. nominated Peggy Alford, an executive at PayPal Holdings Inc., to its board while longtime directors Netflix Inc. Chief Executive Officer Reed Hastings and Erskine Bowles, a former chief of staff to President Bill Clinton, will step down.

Alford has been senior vice president, core markets, at PayPal since March after previously spending about 18 months as chief financial officer and head of operations for the Chan Zuckerberg Initiative, the nonprofit foundation of Facebook CEO Mark Zuckerberg and his wife, Priscilla Chan.

Hastings and Bowles have been directors since 2011. The board election will be held at Facebook’s annual shareholder meeting scheduled May 30, the company said Friday in a filing.

0 Like

Load older comments...

Loading comments...

Edit

Delete

Are you sure about that ?

Cancel

Confirm

Report this comment ?

Cancel

Confirm

This comment has been reported.

An error has occured, please retry later.

Flag

Anonymous

Edit

Delete

Are you sure about that ?

Cancel

Confirm

Report this comment ?

Cancel

Confirm

This comment has been reported.

An error has occured, please retry later.

Flag

Add comment

June 2022

AnyClip Selected by Aragon Research as "Hot Vendor" in Collaboration Software for 2022

September 2022

Biden Administration Releases Plan for $50 Billion Investment in Chips

March 2022

Female Entrepreneurs Who Confront a Particular Kind of Troll

January 2022

The Best Way To Wash Your Face, For Every Skin Type

August 2021

Searing Testimony In R. Kelly Trial Describes Statutory Rape, Beatings And Forced Abortion...

You've Been Timed Out

Please login to continue