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

January 2022

A toda velocidade! A implementação global de novas energias da GWM está se expandindo r...

August 2022

GXO Logistics customers are doing well despite economic slowdown buzz, CEO says

January 2022

AT&T to Delay 5G Service at Some Airports After Airlines Warn of Chaos

July 2021

Skills shortages a worry as vacancies return to pre-pandemic level

July 2022

Did the Supreme Court Open the Door to Reviving One of Its Worst Decisions?

You've Been Timed Out

Please login to continue