Facebook taps Peggy Alford for its board, Reed Hastings and Erskine Bowles to depart

Facebook’s board is undergoing its biggest shakeup in memory. On Friday, the company announced that Peggy Alford would be nominated to join the company’s board of directors.

“Peggy is one of those rare people who’s an expert across many different areas — from business management to finance operations to product development,” Facebook CEO Mark Zuckerberg said of the change. “I know she will have great ideas that help us address both the opportunities and challenges facing our…

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