The global shipping company just announced a new female board member with serious tech chops.
By Betsy Mikel (Contributing Writer, Women 2.0)
As women make strides in tech, other industries are beginning to recognize the value of their knowledge and expertise. Case in point: FedEx just elected Kimberly Jabal, the CFO of tech startup and social network Path, to their board of directors.
It’s a smart move. Jabal brings with her valuable experience in tech finance, and FedEx could benefit financially from her appointment as well; we recently shared results from a new study that found the more women on a corporate board, the less the company pays for acquisitions.
“We are delighted to welcome Kim to our Board of Directors,” said Frederick W. Smith, FedEx chairman, president and chief executive officer in a public statement. “We look forward to benefiting immediately from her extensive knowledge of information technology, social media, finance and operations.”
As Path’s CFO, Jabal was brought on to spearhead the monetization of the private social network. The mobile app for iOS and Android allows users to narrow the network of friends and family they want to connect with.
Prior to joining Path in spring 2013, Jabal was the VP of finance at Lytro and spent eight years working in finance at Google. She has an engineering degree from the University of Illinois at Urbana-Champaign and an MBA from Harvard University.
Though one female board member is better than none, New Yorker blogger Vauhni Vara recently asked the question we were just asking ourselves:
Is one female board member enough?
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 @betsym.