Meet the new and improved Twitter board: now with more women and fewer Peters.
After months of rumors, Twitter announced a long awaited shakeup of its dysfunctional board on Friday to help pave the way for a corporate turnaround and bolster the diversity of its top ranks.
On their way out: two of the three white men named Peter who have been longtime members of the board.
On their way in: Hugh Johnston, previously the CFO of PepsiCo, and Martha Lane Fox, an Internet entrepreneur.
Fox’s appointment is particularly symbolic for Twitter, a company fighting to shed its image as predominantly white and male. One of its largest investors even went so far as to describe Twitter’s board as a “country club of old white guys.” Read more…