General Catalyst chairman and managing director Kenneth Chenault will not stand for re-election to Facebook’s board of directors at the company’s 2020 annual meeting.
Facebook said in a Newsroom post Friday that Chenault is leaving its board to pursue other opportunities, but he will continue to serve until the company holds its annual meeting.
Chenault became the first African-American member of Facebook’s board in February 2018, while he was still chairman and CEO of American Express.
The other members of Facebook’s board of directors are: PayPal senior vice president of core markets Peggy Alford, Andreessen Horowitz co-founder and general partner Marc Andreessen, Dropbox co-founder and CEO Drew Houston, former McKinsey & Co.
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