Facebook appoints two new directors, making board 40% female

Facebook has appointed two new directors, namely Tracey Travis, the CFO of cosmetics company Estée Lauder and former McKinsey & Co executive Nancy Killefer, who served in the US Treasury Department during the Obama administration. Their addition makes Facebook's board of directors 40% female. The other female board members include Facebook COO Sheryl Sandberg and PayPal Executive VP Peggy Alford.