All results
Here’s something to raise your coffee cups to! Starbucks just named Mellody Hobson as the new chair of its board of directors, making her the first Black woman to hold the role at the company, reports CNN Business. Hobson is currently the co-CEO of Ariel Investments, an asset management firm, and will step into her new position this forthcoming March. Since 2005, she has been a director at the company and will now replace Myron E. Ullman, III who has been the chair since 2018. Hobson has been among the many who’ve called for companies to put action behind increasing diversity among their leaders. “Companies right now have to get their houses in order,” she said during an appearance on “CBS This Morning” in June. “The board of directors have to hold the leaders of these organizations accountable around these issues of diversity.” As a woman that wears many hats, Hobson is also a director of JPMorgan Chase and previously held positions as a director of Estée Lauder, and was the chair...
Former Obama advisor Valerie Jarrett has just been appointed to Ralph Lauren’s board, joining effective Tuesday (Oct. 20), reports MarketWatch. Jarrett now makes up four of the 13 directors on the board that are women. “We are pleased to welcome Valerie to the Ralph Lauren Board of Directors,” said Ralph Lauren, Executive Chairman, and Chief Creative Officer, according to CityBizList . “Valerie is a proven and highly respected leader with a clear passion for citizenship and making a positive impact on the world.” He adds: “Valerie’s breadth of experience across the public and private sectors and unparalleled expertise in government, law, and leadership will bring a new perspective as we continue to build the future for our iconic Company.” She is the longest-serving Senior Advisor to the Obama Administration where she oversaw the Intergovernmental Affairs, the Offices of Public Engagement, and chaired the White House Council on Women and Girls. In addition to her role as an advisor...
We love to see it! Sports betting operator, DraftKings just announced the appointment of Valerie Mosley and Jocelyn Moore to its board of directors. According to a press release , the ladies will join NBA legend, Michael Jordan , who has just been named as the board’s Special Advisor. “I am very much looking forward to working closely with both Valerie and Jocelyn as we continue to grow DraftKings,” said Jason Robins, the company’s co-founder, chairman of the Board, and CEO in a press statement . “They each bring a unique skill set that will complement those of our existing members while simultaneously bringing new perspectives and ideas to the table.” Prior to joining DraftKings, Moore served as the executive vice president of Communications and Public Affairs for the National Football League and currently holds the seat as the Executive-In-Residence at The Gathering spot in Atlanta. “I am thrilled to serve on the DraftKings’ Board of Directors. With its innovative and engaging...
Image sharing and social media platform, Pinterest, appointed Andrea Wishom to their Board of Directors, making her the first Black person ever appointed to the company’s board. The move to appoint Wishom, who serves as president at Skywalker Holdings, comes after Pinterest received allegations of racism and poor pay by former employees back in June and July of this year. After the social media platform claimed to stand in solidarity with Black Lives Matter, Ifeoma Ozoma, Aerica Shimizu Banks, and other unidentified individuals told Washington Post that they had been mistreated by their white peers. The allegations were followed by a campaign that called for Pinterest to increase pay for Black employees. A website and arranged walkout emerged to support Ozoma and Banks. Ben Silbermann, the company’s CEO and co-founder, guaranteed that a person of color would soon be hired and that his company “needs to be better.” He followed through on his promise and says that Wishom is “a...
Tennis-legend Serena Williams is adding another notch to her business belt as the newest board member for Poshmark, the popular online clothing company. “I felt like I was already a part of the brand, ” Williams said in a video posted on the Poshmark’s YouTube channel. Along with her new position, Williams is selling her clothes through the platform to her non-profit Yetunde Price Resource Center, which serves emotional and physical trauma victims throughout Compton and surrounding areas. Items are selling like hot cakes and available garments range from $400 to $1500. Poshmark is Williams’ latest move in the world of business. Last year, she announced that she would serve on SurkeyMonkey’s board of directors . The company filed for IPO late Septemeber. Williams has also invested in photo-sharing app Mobli, e-commerce startup Mayvenn and food delivery service Daily Harvest. Check out the Poshmark announcement here: