Twitter's Dorsey Tweets About Board Additions, Hints At Diversity
Twitter Inc (NYSE: TWTR)'s CEO Jack Dorsey tweeted Friday morning that the company will be adding members to its board of directors that "bring diversity and represent the strong communities on Twitter."
Twitter followed up on Friday and announced the addition of 2 members to its board of directors. The company named Hugh Johnston and Martha Lane Fox as its newest board members, effectively immediately.
Johnston currently serves as PepsiCo, Inc. (NYSE: PEP)'s vice chairman and chief financial officer while Lane Fox was a co-founder and managing director of lastminute.com, a travel and leisure website.
According to Bloomberg, Twitter's lack of woman representation on its board has been a source of concern.
Shares of Twitter were trading lower by more than 2 percent at $16.61 heading into Friday's final hour of trading.
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