Box Names Cisco CTO as Second Woman to Join Board of Directors
Padmasree Warrior will join Dana L. Evan to become the second female director on Box’s board.
By Betsy Mikel (Contributing Writer, Women 2.0)
While bigwig tech companies like Facebook, Twitter and Apple have faced criticism for the lack of diversity on their boards of directors and have just recently started to address the issue, Box is way ahead of the game. The cloud enterprise company just added another woman to their 8-person board. This announcement is on the heels of rumors that an IPO is expected this summer. Already valued at around $2 billion, Box is about to become a bigwig itself.
Box CEO Aaron Levie announced in a company blog post that Padmasree Warrior will join the company’s board. The tech veteran is the the Chief Technology and Strategy Officer of Cisco, where she oversees technology development and corporate strategy. Last year, Warrior made Forbes list of The 100 Women Who Are Redefining Power.
“Warrior is among the sharpest technology persons in the world,” Cisco CEO John Chambers said when asked who might succeed him.
Padmasree is also a board member at Gap, Inc and is the former Vice President and CTO of Motorola, which was awarded the 2004 National Medal of Technology under her leadership.
“With the rise of cloud and mobile technologies, we are at the beginning of a once-in-a-generation technology shift in the enterprise,” said Box CEO Aaron Levie in a when he made the announcement. “Padma’s expertise will be invaluable as Box evolves and scales to help businesses everywhere navigate this transition.”
Dana L. Evan was the first female and independent member to join Box’s board of directors in 2012. According to TechCrunch, the company recently raised $100 million and has raised $414 million in total.
Do you think this addition to the board will affect Box’s success if the company goes public?
Betsy Mikel is a freelance copywriter and content strategist who helps brands, businesses and entrepreneurs tell their stories. A journalist at heart, her curiosity drives her to find something new to learn every single day. Follow her on Twitter at[email protected].