Chelsea Clinton has joined Expedia’s board of directors.
A filing with the Securities and Exchange Commission this week shows the travel firm expanded the number of members on its board up from 13 to 14 members and voted for the former first daughter to take the new position.
As MarketWatch notes, Clinton’s compensation will be a “standard” $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.
Clinton she has not been appointed to serve as a member of any committee of the board, the SEC filing stated.
Clinton also serves as vice chairman of the Clinton Foundation, a philanthropy nonprofit started by her father, former President Bill Clinton; and is a member of the board of IAC/InterActive Corp., which Expedia spun off in 2005.
