Summary by Moomoo AI
Pinterest, Inc. has announced changes to its Board of Directors in a supplement to the proxy statement for the upcoming 2024 Annual Meeting of Stockholders. Jeffery Jordan, an independent director, has retired from the Board effective May 9, 2024, with no disagreements cited regarding company operations or policies. To fill the vacancy, Charles 'Chip' Bergh has been appointed as a Class I director, effective the same date. Bergh, with a notable background as the former CEO of Levi Strauss & Co. and experience from Procter & Gamble, brings leadership and e-commerce expertise to the Board. He will also join the Nominating and Corporate Governance Committee and the Talent Development and Compensation Committee. The Board now consists of nine independent directors out of twelve. These changes do not affect the voting for the Annual Meeting scheduled for May 23, 2024, as stockholders are not required to vote on Bergh's appointment.
