Jessica Alba, an actress and co-founder of the Honest Company (a consumer wellness products company), has joined the Yahoo board of directors.
Alba was picked from a pool of candidates from the technology, media, finance, sports entertainment, and private equity sectors.
Six new members of Yahoo’s board of directors were revealed today, almost a year after the internet brand was acquired by private equity company Apollo for $5 billion.
Jessica Alba, actress and founder of The Honest Company; Aryeh Bourkoff, founder and CEO of the independent global investment firm LionTree
The six tech veterans have diverse backgrounds in fields such as digital media, private equity, entertainment, and others.
They join Apollo and Verizon representatives, as well as Yahoo CEO Jim Lanzone, who joined the firm last year after serving as CEO of Tinder.
Six appointments at once is a significant change, but the corporation is already in transition under new ownership and leadership.
“The convergence of media, technology, product, and content is more important than ever, and this board represents the brightest minds in those fields.”
Lanzone told The New York Times that he sees the company’s media businesses as separate products, such as TechCrunch and Yahoo Sports.
Lanzone stated that he is looking at potential acquisitions in the future, but this is unlikely to happen for at least another year.