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Netflix CEO Reed Hastings To Depart Facebook Board of Directors (cnbc.com)
Netflix CEO Reed Hastings will not be nominated for re-election at the company's 2019 annual stockholders meetings, Facebook said on Friday. CNBC reports: Hastings has served on the board of the social media company since 2011. The company said it will also not be re-nominating Erskine Bowles the president emeritus of the University of North Carolina, and it will instead nominate Peggy Alford, PayPal senior vice president of core markets. The addition of Alford, an African-American woman, comes as Facebook and other Silicon Valley companies strive for the inclusion of more women and minorities in their boards and throughout their workforces.
Hastings departure had been talked about for some time due to Facebook's growing interest in video services, according to Andrew Ross Sorkin. In 2017, Facebook launched Watch, its video streaming service, and last year, the company released IGTV, its Instagram video streaming app. Hastings' departure comes about three years after he got into a tussle with fellow board member Peter Thiel over their political leanings. In an August 2016 email, Hastings told Thiel that he planned to dock his performance review over his endorsement of then Republican Presidential-nominee Donald Trump, according to a New York Times report.
Hastings departure had been talked about for some time due to Facebook's growing interest in video services, according to Andrew Ross Sorkin. In 2017, Facebook launched Watch, its video streaming service, and last year, the company released IGTV, its Instagram video streaming app. Hastings' departure comes about three years after he got into a tussle with fellow board member Peter Thiel over their political leanings. In an August 2016 email, Hastings told Thiel that he planned to dock his performance review over his endorsement of then Republican Presidential-nominee Donald Trump, according to a New York Times report.
Who but stock gambling addicts will even blink?
Placed for skin color and reproductive organs. Not one word about her accomplishments. Very short resume?
It should be a disabled vegan lesbian mexican black jewish-muslim rape victim hemaphrodite trans-woman-born-woman with only half a a lower jaw who can only say "Timmae!". :D
The addition of Alford, an African-American woman, comes as Facebook and other Silicon Valley companies strive for the inclusion of more women and minorities in their boards and throughout their workforces.
Nothing says "We don't care about qualifications or achievement" more than "striving" to promote job candidates based on two attributes they were born with.
the BOD should not contain a CEO from another company, the BOD is meant to be a check on the CEO and stuffing the board with CEOs is a definite conflict of interest.
Unless you like Indian movies
Because they strive to comply with the law requiring at least one woman, while there is no law requiring at least one man.
My guess is she's better than you think. It's probably a real job with real responsibilities that has a really high income. And if she was half-smart, she'd also know that a black female executive who's actually good at her job is worth a giant pay premium to many companies for the black and female part.
It seems kind of ironic, but so many companies need/want to virtue signal their ethnically diverse makeup that they're fairly desperate to retain and promote female, and especially black female, executives, and will pay premiums to keep the ones that are average-or-better in their positions.
My wife (who isn't black) actually squeezed more money out of her employer for this reason. Her boss actually told her that female executive recruiting and retention was a big deal to global management ("You're actually on a high-value, high achievers list at corporate in Dublin."), and despite getting a bunch of unrequested deferred compensation thrown at her, she also asked for a big raise and they didn't even negotiate, they just gave it to her.
My guess is Peggy Alford doesn't give a shit whether some right wing cranks think she's only where she's at because she's female or black, she's too busy cashing checks and figuring out her new company-supplied Mercedes.
I very much doubt FB would put a quota hire on the board. Directors only like quota employees that are kept far away from the director, and this is a person they would have to converse with frequently. She's there because she's good, though the black woman thing doesn't hurt the image either.
Stop it with that "inclusion of more women" bullcrap.
You can't have the magical 50/50 men to women. (They want even more than that)
Go to any school teaching CS or engineering, the ratio of men to women is pretty much 3:1 if not greater. The majority of women simply doesn't study in that field, so why would jobs have to misrepresent the reality by essentially doing gender discrimination and not hiring men in favor of these non-existent women.
The best thing about this whole racial politics thing is that you can take it to its logical conclusion and examine the over representation of Jews in corporate boards and C-level suites. If a given company has way too many Jews, you can launch an anti-racist Twitter campaign to denounce excessive Jewish presence and ask for the inclusion of more non-Jews.. Am I rite?
Also, implying "African-American" i.e. US citizens have it bad. What about an Eritrean, a North Korean or an Afghan?
That comment alone hits poor white people where it hurts most. Feel free to disagree. Or not. Whatever.
I always assume that is why the âoeprogram managerâ count is unusually high with minorities. You can do check lists right? Quota met!
Your wife and this woman are obviously only doing well exactly for the reasons your wife was given: vagina and skin color.
I was surprised to see they put a random ass VP on the board until the summary also explained VP has a black vagina. Those are well known success traits in the video streaming industry just like being tall is helpful in basketball.
Does your wife at least acknowledge she is not worth that much in a meritocracy?
In an August 2016 email, Hastings told Thiel that he planned to dock his performance review over his endorsement of then Republican Presidential-nominee Donald Trump,
Can't say I like Trump in any way other than "he's not Hillary", but that is just plain wrong.