{"id":14777,"date":"2019-04-13T01:31:14","date_gmt":"2019-04-13T01:31:14","guid":{"rendered":"https:\/\/rsoftsolution.com\/blog\/facebook-taps-peggy-alford-for-its-board-reed-hastings-and-erskine-bowles-to-depart.html"},"modified":"2019-04-13T01:31:14","modified_gmt":"2019-04-13T01:31:14","slug":"facebook-taps-peggy-alford-for-its-board-reed-hastings-and-erskine-bowles-to-depart","status":"publish","type":"post","link":"https:\/\/www.rbsitsoftwaresolution.in\/blog\/facebook-taps-peggy-alford-for-its-board-reed-hastings-and-erskine-bowles-to-depart.html","title":{"rendered":"Facebook taps Peggy Alford for its board, Reed Hastings and Erskine Bowles to depart"},"content":{"rendered":"<p id=\"speakable-summary\"><a href=\"javascript:void(0)\">Facebook\u2019s <span class=\"crunchbase-tooltip-indicator\" \/><\/a> board is undergoing its biggest shakeup in memory. On Friday, the company <a href=\"javascript:void(0)\">announced<\/a> that Peggy Alford would be nominated to join the company\u2019s board of directors.<\/p>\n<p>\u201cPeggy is one of those rare people who\u2019s an expert across many different areas \u2014 from business management to finance operations to product development,\u201d Facebook CEO <a href=\"javascript:void(0)\">Mark Zuckerberg <span class=\"crunchbase-tooltip-indicator\" \/><\/a> said of the change. \u201cI know she will have great ideas that help us address both the opportunities and challenges facing our company.\u201d<\/p>\n<p>Alford, currently senior vice president of Core Markets for <a href=\"javascript:void(0)\">PayPal, <span class=\"crunchbase-tooltip-indicator\" \/><\/a> will become the first black woman to serve on Facebook\u2019s board. She previously served as the chief financial officer of the <a href=\"javascript:void(0)\">Chan Zuckerberg Initiative, <span class=\"crunchbase-tooltip-indicator\" \/><\/a> Mark Zuckerberg and Priscilla Chan\u2019s massive charitable foundation.<\/p>\n<p>Facebook announced some serious departures along with the news of Alford\u2019s nomination. Longtime Facebook board members <a href=\"javascript:void(0)\">Reed Hastings <span class=\"crunchbase-tooltip-indicator\" \/><\/a> and Erskine Bowles will leave the board, marking a major shakeup for the board\u2019s composition. Both Hastings, the CEO of <a href=\"javascript:void(0)\">Netflix, <span class=\"crunchbase-tooltip-indicator\" \/><\/a> and Bowles, a former Democratic political staffer, have served on the board since 2011. Both men have been critical of Facebook\u2019s direction in recent years. Hastings <a href=\"javascript:void(0)\">reportedly clashed with fellow board member Peter Thiel<\/a> over his support for the Trump administration and Bowles <a href=\"javascript:void(0)\">famously dressed down Facebook\u2019s top brass<\/a> over Russia\u2019s political interference on the platform.<\/p>\n<p>Alford\u2019s nomination will come to a vote at Facebook\u2019s May 30 shareholder meeting.<\/p>\n<p>\u201cWhat excites me about the opportunity to join Facebook\u2019s board is the company\u2019s drive and desire to face hard issues head-on while continuing to improve on the amazing connection experiences they have built over the years,\u201d Alford said of her nomination. \u201cI look forward to working with Mark and the other directors as the company builds new and inspiring ways to help people connect and build community.\u201d<\/p>\n<p>Article source: http:\/\/feedproxy.google.com\/~r\/techcrunch\/social\/~3\/iwAoWZTCcJQ\/<\/p>","protected":false},"excerpt":{"rendered":"<p>Facebook\u2019s board is undergoing its biggest shakeup in memory. On Friday, the company announced that Peggy Alford would be nominated to join the company\u2019s board of directors. \u201cPeggy is one <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[3],"tags":[10,7,14,15,6,12,11],"class_list":["post-14777","post","type-post","status-publish","format-standard","hentry","category-latest-update","tag-computer-news","tag-downloads","tag-microsoft-download-news","tag-networking-updates","tag-technology-update","tag-wordpress-plugin-download","tag-wordpress-theme-download"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 5.0.3 - aioseo.com -->\n\t<meta name=\"description\" content=\"Facebook\u2019s board is undergoing its biggest shakeup in memory. 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