Twitter Appoints Marjorie Scardino Board Member

marjorie_scardino_twitterTwitter has elected Marjorie Scardino as a member of the board. Ms. Scardino will serve in the class of directors whose term expires at the annual meeting of stockholders to be held in 2014.  Ms. Scardino was also appointed as a member of the audit committee.

Ms. Scardino will replace David Rosenblatt on the Audit Committee, who will continue to serve on the compensation committee, and the nominating and corporate governance committee of the Twitter board.

In connection with her election to the Board, Ms. Scardino was granted a restricted stock unit award on December 4, 2013 covering 4,018 shares of the company’s common stock. The restricted stock unit award will vest quarterly over one year, subject to continued service on the board.

Ms. Scardino, age 66, served as CEO and as a member of the board of directors of  publishing and education company Pearson, from 1997 to 2012. From 1985 to 1997, Ms. Scardino served in several roles at the Economist Group, including as CEO. Ms. Scardino served on the board of directors of Nokia from 2001 to April 2013. She holds a B.A. in Psychology from Baylor University and a J.D. from the University of San Francisco School of Law.

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