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

November 2022

Primasun, backed by ResMed and Verily, Launches at HLTH 2022

August 2021

Opus IVS Surpasses 1 Million Collision Safety Scans; 2 Million Projected for 2022

October 2022

Boy, Bye! Kanye West Pulls Another Dumbass Stunt, Wears "White Lives Matter" Shirt At Yeez...

September 2022

Kanye's Good Morning America Interview Glossed over alleged Harassment of Kim Kardashian

January 2022

Government trials framework to help people with autism find work

You've Been Timed Out

Please login to continue