You will be redirected back to your article in seconds

Peter Chernin, Peter Currie to Exit Twitter Board

Social company appoints Hugh Johnston, Martha Lane Fox as directors

Hollywood exec Peter Chernin and tech investor Peter Currie are leaving Twitter’s board, and the company has named two new directors — PepsiCo CFO Hugh Johnston and Internet entrepreneur Martha Lane Fox.

Chernin, founder and chairman of Chernin Entertainment and the Chernin Group, and Currie, former CFO of Netscape who has been a Twitter director since 2000, will remain on the board until the conclusion of Twitter’s 2016 annual shareholders meeting in May, the company disclosed in an SEC filing Friday.

“Privileged to have served on Twitter board for 3+years,” Chernin tweeted Friday. “Respect and support for @jack. Friendships and Twitter success will continue.”

Johnston, vice chairman and CFO of PepsiCo, and Lane Fox, founder and chair of karaoke company Lucky Voice, joined the Twitter board effective April 6. Johnston will become chair of Twitter’s audit committee following the 2016 stockholders meeting, a position currently held by Currie.

In October, Twitter named longtime Google exec Omid Kordestani its executive chairman. Kordestani most recently was Google’s chief business officer.

Kordestani tweeted that the Twitter board is “working to bring greater diversity to our ranks”:

Chernin, who joined Twitter’s board in 2012, headed up the social company’s nominating and governance committee, which appointed Twitter co-founder Jack Dorsey as permanent CEO in October.

Johnston, 54, first joined PepsiCo in 1987. He left to serve as VP of retail for Merck Medco from 1999 to 2002 before returning to PepsiCo. Johnston served on the board of AOL from October 2012 to June 2015.

Lane Fox, 43, was co-founder and managing director of travel and leisure website LastMinute.com from 1998 to 2003, and remained on the board of directors until 2005. Since August 2005, she’s been chairperson of Lucky Voice and since September 2012 as chair of MakieLab, a 3D printing and game company. In September 2015, Lane Fox founded DotEveryone.org.uk, an organization dedicated to advancing the understanding and use of Internet-enabled technologies. From 2007-15, she served on the board of U.K. retailer Marks & Spencer.

Twitter is scheduled to report first quarter 2016 results on April 26 after market close.

More Digital

  • YouTube logo

    YouTube Creators Worried and Confused Over New Kid-Video COPPA Rules, Potential Fines

    YouTube starting this month is requiring all creators, regardless of location and whether or not they produce content intended for children, to designate whether their videos are made for kids. And many YouTubers are concerned that the new rules will hurt their monetization — or even expose them to fines if their content is mislabeled. [...]


    Lilly Singh Mocks Disney Plus 'Outdated Cultural Depictions' Warnings for Racist Movies

    Lilly Singh lampooned Disney Plus’ disclaimer that certain older movies include “outdated cultural depictions” on her NBC show. The YouTube and late-night TV comedian took issue with Disney’s euphemistic phrasing — pointing out that the warning is really about the “racist” tropes in decades-old movies that were made for kids. Disney Plus includes “a bunch [...]

  • Sacha Baron Cohen

    Sacha Baron Cohen Rips Into Facebook, YouTube and Twitter for Spreading Lies and Hate

    Calling social media “the greatest propaganda machine in history,” and the CEOs of Facebook, Twitter and YouTube “high-tech robber barons,” comedian Sacha Baron Cohen used a speech given to the Anti-Defamation League (ADL) this week to call for much more stringent regulation of internet companies. “By now, it’s pretty clear they cannot be trusted to [...]

  • Liza Koshy

    Liza Koshy to Host Dance-Competition Series — With a Moving Dance Floor — for Quibi

    YouTube star and comedian Liza Koshy will preside over a dance-competition reality series coming to Quibi — a kind of mashup of “So You Think You Can Dance” and “Wipeout.” In “Floored,” two opposing teams of skilled dancers will try their best to perform a routine while the dance floor itself actually lifts, tilts, drops, [...]

  • Instagram tests hiding likes

    Instagram Hiding Likes: U.S. Users Have Mixed Emotions About the Move, Survey Finds

    Instagram this month began a test to hide “likes” for U.S. users, and last week the social platform announced that it will be rolling out the change everywhere in the world. The move ticked off some big influencers, including Nicki Minaj, who said on Twitter that she’s going to stop posting to Instagram because of [...]

  • Neal Kirsch

    Former OWN COO Neal Kirsch Joins Gaming TV Network VENN (EXCLUSIVE)

    The Video Game Entertainment and News Network (VENN) is staffing up ahead of its 2020 launch: VENN has hired former Oprah Winfrey Network (OWN) and Discovery Networks executive Neal Kirsch as its new COO & CFO, the company is scheduled to announce Thursday. Kirsch served until late 2016 as the COO & CFO of Oprah’s [...]

  • Spotify Awards

    Spotify Is Launching Its Own Music Awards, Based on Streaming Data

    Spotify has set plans for its first-ever music awards — with the winners based entirely on user-generated data. “Your plays, patterns, and habits will help determine the award categories, finalists, and winners for the Spotify Awards by providing a true reflection of what fans are listening to,” the company said in announcing the program Friday. [...]

More From Our Brands

Access exclusive content