Chelsea Clinton has become the newest member of Expedia’s board of directors, according to a filing with the Securities and Exchange Commission this week.
It was reported in the Washington Examiner on Friday that the travel company will compensate Clinton “$45,000 a year, plus stock grants valued at $250,000 in accordance to the company’s proxy statement for its 2016 annual meeting of stockholders.”
The filing stated that Clinton has not been appointed to serve as a member of any committee of the board.
The former first daughter also serves as vice chairman of her family’s Clinton Foundation, according to the report, and is a member of the board of IAC/InterActive Corp., an Expedia spin-off which launched in 2005.
H/T: Washington Examiner
If you would like to receive Breaking News text alerts on a smartphone or tablet, download the DML APP which is completely FREE and easy to use. Go to the Google Play Store or the IOS App Store and search for DML APP. Be sure to keep the app’s notifications setting on. Another way to receive alerts is to text to 40404 the following message: follow @realdennislynch (be sure to put a space between the word follow and the @ symbol).
To see more stories like this, sign up below for Dennis Michael Lynch’s email newsletter.
Sign up to get breaking news alerts from Dennis Michael Lynch.
DML: I Respond to 3 Interesting Emails You Sent Me