Facebook to diversify board of directors as Netflix CEO Reed Hastings departs

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Facebook’s head office in Menlo Park, California.


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Facebook is shocking its board of directors with more variety. 

The social networks business stated Friday that it had actually chosen Peggy Alford, PayPal’s senior vice president of core markets, to its board of directors. If authorized at the business’s yearly shareholders conference in May, Alford would be the very first African-American female to serve on Facebook’s board of directors.

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Peggy Alford, a PayPal executive, has actually been chosen as the very first African-American female to Facebook’s board of directors. 


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Netflix CEO Reed Hastings, who has actually served on Facebook’s board given that 2011, isn’t being chosen for reelection. Erskine Bowles, the president emeritus of the University of North Carolina, likewise was chosen and will be leaving Facebook’s board of directors.

Like other tech business, Facebook has actually been under pressure to do more to diversify its board and labor force that’s comprised mainly of white and Asian guys. 

“Peggy is one of those rare people who’s an expert across many different areas — from business management to finance operations to product development,” stated Facebook CEO and co-founder Mark Zuckerberg in a declaration. “I know she will have great ideas that help us address both the opportunities and challenges facing our company.”

Facebook didn’t right away react to an ask for remark about why Hastings and Bowles weren’t chosen for reelection to the board.


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