The Senior Vice President, core markets at PayPal, Peggy Alford, is set to join Facebook’s board of directors. History will be broken, as Alford will become the first Black woman to sit on Facebook’s board.
It appears, Alford also has the backing of Facebook CEO Mark Zuckerberg, who in a press release said: “Peggy is one of those rare people who’s an expert across many different areas – from business management to finance operations to product development. I know she will have great ideas that help us address both the opportunities and challenges facing our company.”
Peggy has also served as the head of operations for the Chan Zuckerberg Initiative; a philanthropic program founded by Zuckerberg and his wife Priscilla Chan. she is also a Silicon Valley veteran, having worked for various companies including Rent.com and eBay.
Peggy holds a bachelor’s degree in accounting and business administration from the University of Dayton in Ohio.
“What excites me about the opportunity to join Facebook’s board is the company’s drive and desire to face hard issues head-on while continuing to improve on the amazing connection experiences they have built over the years,” said Peggy in a statement.
“I look forward to working with Mark and other directors as the company builds new and inspiring ways to help people connect and build community.”
Peggy has to go through a vetting process and voted to join the board at Facebook. That will be done on the next Facebook shareholder’s meeting. Going by history, nominees that get Zuckerberg’s backing usually end up appointed into the board. So things are looking good for Peggy.
Once appointed, Peggy will become the first Black woman on the Facebook board; and the second Black person after retired Ken Chenault.