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Twitter's Dorsey Tweets About Board Additions, Hints At Diversity

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Twitter's Dorsey Tweets About Board Additions, Hints At Diversity
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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."

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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.

Image Credit: (CC) Brian Solis, www.briansolis.com / bub.blicio.us, via Wikimedia Commons

Posted-In: Bloomberg Hugh Johnston Jack Dorsey lastminute.com Martha Lane FoxNews Management General Best of Benzinga

 

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