Chelsea Clinton joins expanded Expedia Inc. board

Expedia Inc. said late Friday that Chelsea Clinton has been elected to its board of directors, filling in a newly created position as the company expanded the board to 14 members from 13. Clinton also serves on the board of IAC/InterActive COrp. , which Expedia spun off in 2005; an affiliate of the Clinton Foundation; the School of American Ballet, and others. Clinton’s compensation will be “standard,” or the $45,000 a year plus stock grants valued at $250,000 that Expedia pays its board members according to its 2016 proxy statement for the shareholder meeting. Shares of Expedia were flat in after hours, having ended the regular session up 0.4%.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

…read more

From:: Stock Market News

Leave a Reply