Jessica Alba Joins Board of Yahoo, Alongside Five Other Directors
Todd Spangler NY Digital EditorYahoo, the nearly three-decade-old internet brand, is adding six new members to the privately held company’s board, including actor and entrepreneur Jessica Alba.Verizon Media sold Yahoo last year for $5 billion to private-equity firm Apollo Group while the telco retained a 10% ownership stake. The company hired Jim Lanzone, former Tinder and CBS exec, as CEO.In addition to Lanzone and representatives from Apollo and Verizon, the new members of the Yahoo board are Alba, founder and chief creative officer of mission-driven consumer products company The Honest Co.; Aryeh Bourkoff, founder and CEO of investment bank LionTree; Cynthia Marshall, CEO of the Mark Cuban-owned Dallas Mavericks; Fouad ElNaggar, co-founder and CEO of Array; K5 Global founder and CEO Michael Kives; and Katie Stanton, founder and general partner of Moxxie Ventures, who previously was a senior exec at Twitter, Google, Yahoo, and Color.