Costco Adds Technology Exec to Board
Costco Wholesale announced this week that Kenneth Denman will be the newest addition to its board of directors. Denman was most recently CEO of Emotient, which built an artificial intelligence-based platform for measuring facial expressions to predict emotions.
Although online only makes up 4 percent of Costco’s overall sales, the wholesale retailer has been working to improve its online offerings. Tapping a tech expert for its board is an indication of this push into digital. In a statement, Costco board Chairman Jeff Brotman said that Denman is “widely recognized as a pioneer and leader in technology."
Denman also formerly held the CEO position at Openwave Systems, Inc. (since renamed Unwired Planet) and iPass Inc. He's also a member of the boards of directors of Mitek Systems, Motorola Solutions and ShoreTel.