Tags: marjorie scardino | twitter | first | female | board

Marjorie Scardino: Twitter Appointee Is First Female Board Member

Image: Marjorie Scardino: Twitter Appointee Is First Female Board Member

Friday, 06 Dec 2013 02:58 PM

By Newsmax Wires

Marjorie Scardino, the former CEO of Pearson PLC, was appointed Twitter's first female board member Thursday, The Associated Press reported.

Before serving as head of the publishing and education company from 1997 to 2012, Scardino, 66, worked at The Economist Group, publisher of The Economist, and CQ Roll Call. Her roles at the company included CEO.

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Twitter tweeted the news of Scardino's appointment from its official account.



Twitter, like Facebook before its own IPO, was criticized for not having women or minorities on its board of directors. Facebook named its chief operating officer, Sheryl Sandberg, to its board after it went public in May 2012. Unlike Facebook, though, Twitter still doesn't have any high-ranking female executives.

Scardino joins CEO Dick Costolo, Chairman Jack Dorsey, along with co-founder Evan Williams and venture capitalists such as Peter Fenton, a general partner at Benchmark Capital, on Twitter's board.

Faced with criticism about its lack of board diversity — three of Twitter's directors are named Peter — Costolo tweeted earlier this year that diversifying the board "has to be about more than checking a box."

As head of Pearson, Scardino was the first woman to become CEO of a FTSE 100 company 16 years ago. The index of leading British stocks is similar to the S&P 500 in the U.S.

In her words, not much has changed in that time when it comes to gender imbalance.

Last year, she told the U.K.'s Telegraph that she "thought in 1997 that by the time I left Pearson things would be different in terms of how many women there were as chief executives or chairmen or board members. It's not too different and for that I'm sorry."

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