Facebook Seeks Board Diversity

Networking service said to be looking for directors, including at least one woman.

Facebook Inc. is seeking to add directors, including at least one woman, who can add diversity to its all-male board, people with knowledge of the matter said.

Facebook has been working with executive-recruiting firm Spencer Stuart to identify prospective board members, said the people, who asked not to be identified because the search is private. The addition of any new directors probably won’t be announced until after Menlo Park, California-based Facebook holds its initial public offering, one of the people said.

Qualified Candidates

One such candidate is Lorrie Marie Norrington, formerly president of EBay Inc.’s Marketplaces business and now a director at Autodesk Inc., DirecTV and Lucasfilm Ltd. Another is Marna Whittington, head of Allianz Global Investors’ U.S.-based Allianz Global Investors Capital and currently a director at Macy’s Inc., Carey said.

Page 1 of 2

Copyright 2016 Bloomberg. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Comments

Advertisement. Closing in 15 seconds.