PayPal’s Peggy Alford Was Nominated for a Seat on Facebook’s Board of Directors

She would become its first female African-American member

Peggy Alford Facebook

Facebook’s board of directors is one step closer to adding its first female African-American member following the nomination last week of Peggy Alford.

Alford has been with electronic payments service PayPal since May 2011, currently serving as its senior vice president, core markets.

Prior to PayPal, she held senior roles at eBay’s and held the title of marketplace controller and director of accounting policy at eBay.

Alford is also a member of the board at real estate investment trust Macerich.

The election of Facebook’s board of directors will take place during the company’s annual meeting May 30.

Its board currently consists of:

Bowles and Hastings, both board members since 2011, will not be nominated for re-election at the upcoming annual meeting.

Sandberg said during the company’s 2018 annual meeting that Facebook would apply a diverse slate approach to populating its board.

Zuckerberg said in a release, “Peggy is one of those rare people who is an expert across many different areas, from business management to finance operations to product development. I know she will have great ideas that help us address both the opportunities and challenges facing our company.”

Alford added, “What excites me about the opportunity to join Facebook’s board is the company’s drive and desire to face hard issues head-on while continuing to improve on the amazing connection experiences they have built over the years. I 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.” David Cohen is editor of Adweek's Social Pro Daily.
Publish date: April 16, 2019 © 2020 Adweek, LLC. - All Rights Reserved and NOT FOR REPRINT