General Motors announced two new additions to its growing board of directors this week.
Former CEO of Hewlett-Packard Meg Whitman and current NBA deputy commissioner Mark Tatum joined the American automaker’s board Thursday, bringing the total number of directors on the board to 13. GM says the company’s 12 independent directors have “senior leadership and board experience in information technology, digital commerce, retail, higher education, investment management, international affairs, defense, transportation, cybersecurity, and pharmaceuticals, among others.” Seven GM’s current acting directors are women.
“Our diverse Board of Directors is a competitive advantage for GM as we work to deliver a better, safer and more sustainable world,” GM CEO Mary Barra said in a statement. “Mark and Meg will bring unique experiences to the Board, especially in technology, brand building and customer experience that will help us drive value for shareholders and other GM stakeholders now and into the future.”
Whitman also serves on the boards of consumer goods giant Procter and Gamble and internet file-sharing service Dropbox. In a statement, the 64-year-old said “GM’s growth strategy has all the elements of a startup but with far greater scale, millions of customers and a strong underlying business.”
“This makes it a very exciting time to join the Board,” she added.
In addition to his NBA commissioner role, Tatum also oversees the sports organization’s Global Partnerships, Marketing, Team Marketing and Business Operations and Communications departments. Prior to serving as deputy commissioner, Tatum was the NBA’s Executive Vice President of Global Marketing Partnerships, where he helped negotiate major brand deals with companies like Coca-Cola, Adidas and Nike. Tatum first joined the NBA in 1999.
“GM is changing a more than 100-year-old business model and marshalling thousands of people and billions of dollars to drive solutions that matter for the environment, communities, businesses and investors,” Tatum said. “Joining the Board and helping accelerate that change is an honor and I look forward to working with the GM team and my fellow directors to make it happen.”