Urban Outfitters Expands Board, Adds New Member
Urban Outfitters Inc. has expanded the size of its board from nine to 10 members, and elected Sukhunder Singh Cassidy as a director.
Cassidy is a leading internet executive and entrepreneur, with over 20 years of experience building digital businesses. In addition to founding several companies, including theBoardlist, Joyus and Yodlee, she served as CEO of Polyvore, was president of Asia Pacific and Latin America for Google, and was an early business development executive at Amazon.com. Besides URBN, Cassidy also currently serves on the boards of TripAdvisor and Ericsson.
"She brings with her a wealth of knowledge and experience about our fast-growing digital channel, and I believe she will help guide our digital and omnichannel strategies so we can continue that growth," said Richard Hayne, chairman of Urban Outfitters Inc.
Urban Outfitters Inc., which is comprised of Anthropologie, BHLDN, Free People, Terrain and Urban Outfitters, also permitted its board to repurchase an additional 20 million common shares.