Peggy Alford, senior vice president, core markets on PayPal has been drained to profit from Facebook's board – and is in a position to become the first black woman to sit on her board.
Alford has the support of Facebook CEO Mark Zuckerberg. In a released statement, the Facebook founder said: "Peggy is one of the rare people who is expert in many different fields – from business management to finance business to product development. I know she wants good ideas to help us solve both Our opportunities and challenges are facing. "
She has been with PayPal since 2019 and was also CFO and operations manager of the Chan Zuckerberg Initiative –[ads1]; a philanthropic organization founded by Mark Zuckerberg and his spouse Priscilla Chan.
Alford's veteran, Alford, has also held leading positions on eBay and Rent.com. She comes from a family of six children. Her mother holds a doctorate in mathematics and computer science from the University of Pittsburgh.
Alford holds a bachelor's degree in accounting and business administration from the University of Dayton, Ohio, where she ran tracks and cross-country skiing. Focused on her career for much of her life, she had her first child of 41 and her second when she was 45 years old. In an interview posted on the PayPal website, she talked about work-life balance, "Balance can be extremely difficult for working mothers trying to find the happy medium to continue promoting their career and doing what they feel they need to Doing at home Often, women will opt out or feel that they cannot seek out the next big opportunity because it can take away from their responsibilities at home. "
" What excites me about the opportunity to join Facebook's board is the company's drive and struggle to face the difficult problems of continuing to improve the wonderful connection experiences they have built over the years, "she said in a statement. "I look forward to working with Mark and the other board members as the company builds new and inspiring ways to help people connect and build communities."
Alford will still have to vote for the board during the next Facebook shareholder meeting. Usually, especially those supported by a company's CEO, are nominated on the board, so her position as board member is likely.
On her official deal, Alford will be the second African American on Facebook's board. Last year, retired US executive director Ken Chenault joined the social media company board. Zuckerberg then said he has been trying to recruit Chenault "for years."
Alford is at Black Enterprise 2018 Register of Corporate Directors for her role as a board member of The Macerich Co, a real estate investment trust.
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