It’s not everyday an Oxford-educated, McKinsey alum gets called a “girl” on the heels of being named to a corporate board.
But it’s the type of derision to which powerful, accomplished women have become accustomed.
The new board member is Chelsea Clinton. She was named to Expedia’s board this month and many of the news articles on the appointment took aim at her experience and board compensation.
This piece from the New York Post, titled “Chelsea Clinton Lands Cushy Expedia Board Gig,” stated:
Mama Hillary Clinton didn’t make it to the White House, and hubby Marc Mezvinsky has just shuttered his hedge fund.
What’s a girl to do?
Expedia answered that question for Chelsea Clinton Friday by appointing her to its board.
This wasn’t even as bad as some of the cruel comments on social media, which we’ve opted not to reprint.
The Post and a number of other publications play up how much money she’s receiving, upwards of $250,000 a year. But that’s in line with what directors of large public companies receive.
“Large-cap companies in our study pay directors $260,000 at the median and $300,000 at the 75th percentile,” unchanged from last year, according to a 2016 FW Cook Compensation report.
Clinton served as an Assistant Vice Provost at New York University, where she focused on interfaith initiatives and the university’s Global Expansion Program, worked as a special correspondent for NBC News, was an associate at McKinsey & Company, and an associate at Avenue Capital Group, an investment firm. She currently serves on the Board of Directors of IAC/InterActiveCorp, The School of American Ballet, the Africa Center and the Weill Cornell Medical College and as Co-Chair of the Advisory Board of the Of Many Institute at New York University. And she holds a B.A. from Stanford, an MPH from Columbia’s Mailman School of Public Health and both an Ph.M. and a Doctorate in International Relations from Oxford University.