Showing posts with label Facebook. Show all posts
Showing posts with label Facebook. Show all posts

Thursday, April 18, 2019

Peggy Alford First African American Woman Nominated to Facebook Board of Directors

MENLO PARK, Calif., April 12, 2019 /PRNewswire/ -- Facebook has announced that Peggy Alford, Senior Vice President, Core Markets of PayPal Holdings, Inc., has been nominated for election to the company's board of directors at its annual meeting of stockholders to be held on May 30, 2019.

Founded in 2004, Facebook's mission is to make the world more open and connected. People use Facebook to stay connected with friends and family, to discover what's going on in the world, and to share and express what matters to them. (PRNewsfoto/Facebook, Inc.)

Mark Zuckerberg, Founder and Chairman/CEO of Facebook 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."

"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 Alford. "I look forward to working with Mark and the other directors as the company builds new and inspiring ways to help people connect and build community."

Ms. Alford has served as Senior Vice President, Core Markets of PayPal Holdings, Inc., a digital payments company, since March 2019. From September 2017 to February 2019, Ms. Alford served as Chief Financial Officer and Head of Operations for the Chan Zuckerberg Initiative, a philanthropic organization. Ms. Alford previously held a variety of senior positions at PayPal from May 2011 to August 2017, including Vice President, Chief Financial Officer of Americas, Global Customer and Global Credit, and Senior Vice President of Human Resources, People Operations and Global Head of Cross Border Trade. From 2007 to 2011, Ms. Alford served as President and General Manager of Rent.com, an eBay Inc. company, and also served as its Chief Financial Officer from October 2005 to March 2009. From 2002 to 2005, Ms. Alford served as Marketplace Controller and Director of Accounting Policy at eBay. Ms. Alford currently serves as a member of the Board of Directors of the Macerich Company, a real estate investment trust. Ms. Alford holds a B.S. in accounting and business administration from the University of Dayton.

Facebook's current board members are: Mark Zuckerberg; Marc L. Andreessen, Andreessen Horowitz; Erskine B. Bowles, President Emeritus, University of North Carolina; Kenneth I. Chenault, Chairman and Managing Director, General Catalyst; Susan D. Desmond-Hellmann, CEO, Bill and Melinda Gates Foundation; Reed Hastings, Chairman and CEO, Netflix; Sheryl K. Sandberg, Chief Operating Officer, Facebook; Peter A. Thiel, Founders Fund; and Jeffrey D. Zients, CEO, the Cranemere Group. Mr. Bowles and Mr. Hastings, who have both served on the board since 2011, will not be nominated for re-election at the 2019 annual meeting of stockholders.

Monday, December 17, 2018

NAACP urging Facebook users to logout in protest on December 18

LOGOUT FACEBOOK

A Complicit and Complacent Facebook

Facebook’s engagement with partisan firms, its targeting of political opponents, the spread misinformation and the utilization of Facebook for propaganda promoting disingenuous portrayals of the African American community is reprehensible.

We are calling on Congress to conduct further investigations, and calling on users to log out of Facebook, Instagram, and What’sapp on Tuesday, December 18. #LogOutFacebook.

Here’s why:

NAACP remains concerned about the data breaches and numerous privacy mishaps that the tech giant has encountered in recent years, and is especially critical about those which occurred during the last presidential election campaign.

Facebook’s commitment to the Honest Ads Act – an act that would mandate that political ads be clearly labeled as such – was a good first step towards reconciliation of their gross negligence – however much more needs to done to ensure that African Americans will not unfairly bear the brunt of Facebook’s business model.

In March 2018, press reports revealed that Cambridge Analytica, a British big data firm, gained access to the personal information of 87 million Facebook users without the users’ consent. The misuse of data of 87 million users was negligent at best and exploitative at worst.

Earlier this year, the National Fair Housing Alliance filed a lawsuit alleging that “Facebook continues to enable landlords and real estate brokers to bar families with children, women, and others from receiving rental and sales ads for housing. Facebook has created a pre-populated list of demographics, behaviors, and interests that make it possible for housing advertisers to exclude certain home seekers from ever seeing their ads.”

Recent revelations that Facebook hired an opposition research and its work with other deeply partisan strategy firms call into question the notion that Facebook operates with a non-partisan view.

Tuesday, May 01, 2018

Congressional Black Caucus pushes for diversity during Silicon Valley Trip

Members of the Congressional Black Caucus are visiting Silicon Valley to push the tech industry to improve diversity.

The visit is part of the group's Tech 2020 initiative, which calls on companies to boost the numbers of African-Americans they employ.

Rep. Barbara Lee (D-Calif.), whose Oakland district borders the country's tech hub, expressed frustration with the industry's efforts.

“Silicon Valley's economy is booming but we still don’t have the parity and equity in terms of racial inclusion,” Lee told The Hill on Monday. “The lack of understanding of why racial equity is important is mind-boggling to me.”

Lee declined to identify the companies she was referring to.

She has been joined by other Black Caucus members, including Reps. Gregory Meeks (D-N.Y.), G.K Butterfield (D-N.C.) and Maxine Waters (D-Calif.), on the trip.

The lawmakers have met with Apple and PayPal and on Tuesday will meet with representatives from other companies including Facebook, Twitter and Airbnb.

Lee said that lack of diversity is hurting companies.

“I think from a company perspective, it helps with their growth, it’s economically beneficial to have a diversity of perspectives,” she said.

“We have also moral obligation to make sure there is an equality of opportunity for everyone.”

Read more: Black lawmakers press companies on diversity during Silicon Valley trip

Thursday, April 12, 2018

Black Caucus member tells Zuckerberg Facebook is 'not nearly' diverse enough

Congressional Black Caucus member G.K. Butterfield, D-N.C., told Facebook CEO Mark Zuckerberg Wednesday that his efforts to include more black people on his company's leadership team have so far fallen short of meeting the goal of diversity.

Zuckerberg said Facebook has increased its representation of black employees from 2 percent to 3 percent, and said the company has implemented several diversity initiatives, but Butterfield said that isn't good enough.

“While this is a small increase, it’s better than none,” Butterfield said. “And this does not nearly meet the definition of building a racially diverse community.”

Butterfield also said a glance at Facebook's leadership team online shows a lack of diversity. That page lists just a few people on the leadership team: Chief Operating Officer Sheryl Sandberg, Chief Financial Officer Dave Wehner, Chief Technology Officer Mike Schroepfer, and Chief Product Officer Chris Cox.

“This is your leadership team, and this does not reflect America,” Butterfield said. “Can you improve the numbers on your leadership team to be more diverse?”

Zuckerberg told the Democratic congressman it was an “issue that we’re focused on,” but said the company has a “broader leadership than just five people.”

“It’s not on your website,” Butterfield responded. “We can do better than that. We certainly can. Do you plan to add an African-American to your leadership team in the foreseeable future and will you commit that you will continue to work with us, the Congressional Black Caucus, to increase diversity within your company that you’re so proud of?”

Read more: Black Caucus member tells Zuckerberg Facebook is 'not nearly' diverse enough.

Friday, January 19, 2018

Facebook appoints first African American to its Board of Directors

Facebook announced today the addition of Kenneth I. Chenault, CEO of American Express, to its board of directors. His appointment becomes effective Feb. 5, 2018.

“I’ve been trying to recruit Ken for years,” Facebook CEO Mark Zuckerberg said in a press release. “He has unique expertise in areas I believe Facebook needs to learn and improve — customer service, direct commerce, and building a trusted brand. Ken also has a sense of social mission and integrity I admire and the perspective that comes from running an important public company for decades.”

Chenault, who joined American Express in 1981, has been chairman and CEO of the massive financial services company since 2001. In addition to serving on Facebook’s board, Chenault serves on the boards of IBM, Procter & Gamble, the Harvard Corporation and others.

Unlike Facebook’s other board members, Chenault is black. In fact, Chenault is the first black person to serve on Facebook’s board of directors.

“I’m delighted to join the board and look forward to working with Mark and the other directors as Facebook continues to build communities that help bring people closer to friends, family and the world around them,” Chenault said in a press release.

[SOURCE: TECHCRUNCH]

Thursday, December 11, 2014

Tech summit addresses industry's lack of diversity

Civil rights leader Jesse Jackson spent most of this year pressuring the technology industry into facing up to the glaring scarcity of women, blacks and Latinos at companies renowned as great places to work.

Now comes Diversity 2.0 — finding ways to reverse a deep-rooted problem that isn't going to be as easy to fix as writing new lines of code for a computer bug.

The challenges, along with some of the potential solutions, were explored Wednesday at a Silicon Valley summit organized by Jackson and his group, Rainbow Push.

In a show of their commitment, Google, Apple, Facebook and more than other 20 other tech companies sent representatives to the forum held at the Santa Clara, California, headquarters of a Silicon Valley pioneer, computer chipmaker Intel Corp. The crowd of roughly 300 people also included entrepreneurs, academics and nonprofit groups eager to change the cultural and educational milieu that turned computer programming into an occupation dominated by white and Asian men.

Read more: Tech summit addresses industry's lack of diversity

Friday, May 23, 2014

Jesse Jackson presses Facebook on lack of diversity


[SOURCE] Jesse Jackson isn’t keeping quiet about the lack of diversity in the tech industry’s ranks.


The civil rights veteran and former presidential candidate plans to attend Facebook’s annual shareholders meeting in Redwood City today, pressing the company to include more minorities on its board and within its executive ranks. He has paid similar visits to shareholder meetings of eBay, Google and Hewlett-Packard this spring.

“At its best, technology can be a tremendously positive change agent for the world,” Jackson said, in a prepared statement. “At its worst, it can hold on to old patterns that exclude people of color and women from opportunity and advancement. Silicon Valley and the tech industry must transform itself to mirror the America it depends upon for talent and customers.”

Staff diversity among tech companies has come under increasing scrutiny, with many critics decrying a “bro culture” that often tends to be white and male. Jackson and his Rainbow PUSH Coalition are trying to focus some of that attention on the lack of diversity in the tech world’s board rooms and C-suites.

They’ve had some small successes. Last week, Google announced it would release a report that includes race and gender statistics for its workforce.