STREAMING NOW: Watch Now

Airbnb adds its first female board member

Airbnb has added the first woman to its board, fulfilling a pledge CEO Brian Chesky made earlier this year t...

Posted: Aug 24, 2018 4:43 AM
Updated: Aug 24, 2018 4:43 AM

Airbnb has added the first woman to its board, fulfilling a pledge CEO Brian Chesky made earlier this year to add female executives to the company's board of directors.

Ann Mather joins the board "effective immediately," the company said Thursday. She brings a wealth of experience to the job, as she currently chairs the audit committees at Alphabet and Netflix and has worked at Pixar and Disney.

Mather's hire makes good on a promise Chesky made in May at Code Conference, when he said he planned to appoint at least one woman to the board. "I'd like to add two this year," he said.

The need to expand the number of women in leadership roles at companies is widely acknowledged -- not just for equality's sake, but because businesses that include women on their leadership teams experience better financial results. Organizations like theBoardlist connect female leaders with opportunities on tech company boards. Still, just 7% of board seats at private tech firms are held by women, according to theBoardlist.

Related: How Uber will divvy up $10 million settlement

"Unicorn companies" -- a term that describes privately-held companies worth $1 billion or more -- fare slightly better. About 9% of board seats such firms are held by women. Airbnb is the second most valuable privately-held US startup behind Uber.

"There are a number of companies in Silicon Valley that are building diverse and effective boards. However, we still have a long way to go," Shannon Gordon, CEO of theBoardlist, said in a statement to CNN. "Opening up board seats and identifying diverse candidates with strong operating experience are great ways to not only increase diversity but also performance for high growth companies."

Companies have become increasingly vocal about their desire to do better when it comes to diversifying their boards.

In May, Facebook COO Sheryl Sandberg said her company would apply a "diverse slate approach" to new board appointments. That's a variation on the "Rooney Rule" that requires every team in the National Football League to consider minority candidates for coaching and operational roles. Amazon follows a similar policy.

Chesky said in a statement that he was "immediately impressed" by Mather's financial technical expertise. "Her leadership on the boards of some of the world's most innovative companies as well as her experience working with some of the world's most incredible entrepreneurs will serve Airbnb and our community well as we move forward."

Mather previously served as chief financial officer at Pixar and held executive roles at Disney.

Mather is the second independent board director to join Airbnb's board; the company hired former American Express CEO Kenneth Chenault in January.

Huntsville
Few Clouds
70° wxIcon
Hi: 87° Lo: 68°
Feels Like: 70°
Florence
Clear
72° wxIcon
Hi: 90° Lo: 69°
Feels Like: 72°
Fayetteville
Clear
68° wxIcon
Hi: 87° Lo: 68°
Feels Like: 68°
Decatur
Clear
65° wxIcon
Hi: 88° Lo: 68°
Feels Like: 65°
Scottsboro
Clear
68° wxIcon
Hi: 86° Lo: 68°
Feels Like: 68°
WAAY Radar
WAAY WAAY-TV Cam
WAAY Temperatures

Alabama Coronavirus Cases

Confirmed Cases: 14478

Reported Deaths: 551
CountyConfirmedDeaths
Mobile1996109
Jefferson161488
Montgomery118630
Marshall6499
Tuscaloosa50512
Lee49832
Franklin4476
Shelby43319
Tallapoosa39662
Butler34411
Chambers33623
Madison2964
Baldwin2749
Elmore2637
Etowah23610
DeKalb2213
Coffee2001
Walker1981
Dallas1973
Sumter1916
Lowndes18610
Houston1644
Morgan1621
Autauga1593
Calhoun1413
Choctaw1414
Pike1360
Colbert1362
Marengo1336
Hale1293
Russell1280
Lauderdale1282
Randolph1257
Wilcox1187
Marion11310
Bullock1111
Barbour1101
Clarke1022
St. Clair1021
Pickens934
Talladega912
Greene894
Chilton871
Dale830
Cullman760
Limestone740
Jackson692
Covington651
Washington645
Winston620
Macon602
Bibb591
Crenshaw582
Henry562
Blount491
Escambia433
Lawrence420
Coosa331
Geneva330
Cherokee332
Perry310
Monroe282
Clay272
Conecuh251
Lamar200
Cleburne131
Fayette110
Unassigned00

Tennessee Coronavirus Cases

Confirmed Cases: 20111

Reported Deaths: 336
CountyConfirmedDeaths
Davidson451857
Shelby433694
Trousdale13934
Rutherford99822
Sumner81145
Bledsoe6071
Hamilton55214
Williamson51210
Tipton4263
Lake4090
Putnam3775
Robertson3711
Wilson3558
Out of TN3394
Knox3315
Bedford2654
Montgomery2403
Rhea1950
Hardeman1890
Madison1652
McMinn13413
Loudon1320
Cumberland1091
Fayette1072
Cheatham1040
Dickson1010
Macon1003
Bradley931
Blount823
Maury780
Unassigned750
Washington730
Sevier722
Coffee650
Wayne630
Sullivan612
Gibson611
Monroe572
Hickman540
Lauderdale511
Greene482
Dyer480
Franklin461
Anderson391
Marion361
DeKalb330
Hawkins312
Grundy311
Smith301
Haywood292
Henry290
Marshall281
Jefferson270
White270
Carroll271
Hamblen262
Lincoln260
Weakley260
Meigs250
Obion241
Lawrence240
Overton200
Cocke200
Carter191
Warren190
Morgan170
Cannon170
Campbell171
Jackson170
Crockett151
Roane150
Johnson150
Polk140
Perry130
McNairy120
Henderson120
Chester120
Giles120
Humphreys121
Hardin112
Scott110
Sequatchie100
Fentress100
Stewart90
Claiborne80
Houston70
Benton71
Clay70
Grainger60
Decatur50
Van Buren40
Union40
Lewis30
Moore30
Pickett30
Unicoi30
Hancock10

 

 

Community Events