Home / Knowledge / News / Announcement / Nordstrom names two new members to its board

Nordstrom names two new members to its board

04
Mar '19
Kirsten Green (left) & Glenda McNeal/Pic: Nordstrom
Kirsten Green (left) & Glenda McNeal/Pic: Nordstrom
Seattle-based Nordstrom, leading fashion retailer, has named two new members to its board of directors - Kirsten Green, Forerunner Ventures founder and managing director and Glenda McNeal, American Express Company Enterprise Strategic Partnerships president. Nordstrom directors serve one-year terms and company requires annual elections of all board members.

Green launched San Francisco-based Forerunner Ventures in 2010 which is one of the most successful women-founded venture capital firms in Silicon Valley. The firm specialises in understanding today's consumer and is dedicated to investing in ambitious entrepreneurs who define and dominate a new generation of commerce. From B2C to B2B companies, their portfolio includes retailers like Bonobos, Dollar Shave Club, Jet and Warby Parker. Green has led efforts to raise more than $650M investing in more than 80 companies. She currently serves as a member of the board of directors at Glossier, Outdoor Voices, Ritual, Inturn and Indigo Fair, among other Forerunner portfolio companies. Prior to Forerunner she was an equity research analyst and investor at Banc of America Securities (formerly Montgomery Securities) covering publicly-traded retail and consumer stocks.

McNeal currently leads American Express' strategy, negotiations and key initiatives for the company's strategic relationships, including the largest travel, e-commerce, technology and retail partners. In prior roles, McNeal has led the company through pivotal transformation and growth, including expansions into new industries that do not typically accept credit cards. She has held a variety of roles of increasing responsibility since first joining American Express in 1989. McNeal currently serves on the boards of RLJ Lodging Trust and the World Travel and Tourism Council.

"As Nordstrom focuses on its ambition to be the best fashion retailer in a digital world and achieving its long-term financial commitments, we're pleased to welcome both Kirsten and Glenda to our board of directors," said Brad Smith, chairman of the Nordstrom board. "The unique perspectives and experiences they bring to Nordstrom will continue to support our efforts to meet the ever-changing needs of our customers, enabling them to shop where, how and when they choose."

The company also shared that Phil Satre, current independent director, announced he will not seek re-election and his term will end in May. Satre was appointed to the board in 2006.

"We want to thank Phil for his many years of service to the company," said Smith. "His leadership has been invaluable, and we are grateful for his many contributions."

The two appointments and Satre's retirement from the board in May will bring the total number of directors to 11, nine of whom serve as independent directors.

Nordstrom directors serve one-year terms and the company requires annual elections of all Board members, which will take place at the annual shareholders' meeting on May 23, 2019. (SV)

Fibre2Fashion News Desk – India


Must ReadView All

Possible changes to US-Korea FTA origin rules to be probed

Apparel/Garments | On 20th Mar 2019

Possible changes to US-Korea FTA origin rules to be probed

The US International Trade Commission is seeking inputs on a new...

Uzbekistan, UAE explore partnership in trade, investment

Textiles | On 20th Mar 2019

Uzbekistan, UAE explore partnership in trade, investment

Uzbekistan and the United Arab Emirates (UAE) have agreed to increase ...

Pic: Infor

Textiles | On 20th Mar 2019

ERP's future is network-centric, cloud-based: Infor

While traditional enterprise resource planning (ERP) was enterprise...

Interviews View All

Top executives, Textile & apparel bodies

Top executives
Textile & apparel bodies

The mid-term review of FTP is progressive, growth oriented

Veronique Lee, Modavanti

Veronique Lee
Modavanti

‘Sustainable fashion is trending upwards, slowly but surely, as people...

Pratik Bachkaniwala, Palod Himson Machines

Pratik Bachkaniwala
Palod Himson Machines

Fabric processing machines are picking up

Marcus Hardelauf,

Marcus Hardelauf

Germany-based Textechno is one of the leading manufacturers of testing...

Riddhi Jain,

Riddhi Jain

Conceived in Europe and curated in New Delhi, NeceSera is a...

Sandip Bhojani, Manthan Patel,

Sandip Bhojani, Manthan Patel

Krypthm Tradelink LLP is a Surat-based manufacturer of westernwear....

Daniel Kaye, RocketLife

Daniel Kaye
RocketLife

<div>RocketLife, an award-winning developer of breakthrough visual...

Dave Rousse, INDA

Dave Rousse
INDA

INDA, the Association of the Nonwoven Fabrics Industry, serves hundreds of ...

Kerem Durdag, Biovation II LLC

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Rajesh Pratap Singh, Rajesh Pratap Singh

Rajesh Pratap Singh
Rajesh Pratap Singh

<div>Ace fashion designer <b>Rajesh Pratap Singh</b> has used Tencel to...

Rupa Sood and Sharan Apparao, Nayaab

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Hemant & Nandita, Hemant & Nandita

Hemant & Nandita
Hemant & Nandita

The designer duo of Hemant &amp; Nandita are known for being inspired by...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


March 2019

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search