Estée Lauder CFO Joins Facebook's Board in Gender Diversty Move

Estée Lauder Companies CFO Tracey Travis was appointed to Facebook's board of directors, alongside Nancy Killefer, as the social media giant continues working toward a board with more gender diversity.
Estée Lauder Companies CFO Tracey Travis was appointed to Facebook's board of directors, alongside Nancy Killefer, as the social media giant continues working toward a board with more gender diversity.

Facebook has announced the appointment of two female members to its board of directors: former McKinsey executive Nancy Killefer and Tracey T. Travis, Estée Lauder Companies chief financial officer, according to an article on Business Insider.

The appointments broaden Facebook’s diversity to having 40% female directors and bring the number of board members to 10.

Business Insider reports CEO Mark Zuckerberg said in a statement:

[Killefer] brings a great deal of private and public sector experience to this position. She's held a number of senior roles in the U.S. government and was a leader at McKinsey for many years. [Travis] has a strong finance and corporate leadership background, not just in her role as CFO at The Estée Lauder Companies, but also serving on the board at Accenture. We have a lot we need to get done in the coming years and I think their experience is going to be very valuable. They're both very accomplished business leaders and I'm looking forward to working with them.

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