Dropbox CEO Drew Houston is joining Facebook’s board of the directors, the company said Monday.
Houston co-founded Dropbox in 2007 alongside fellow MIT student Arash Ferdowsi. Mark Zuckerberg is a friend of Houston’s.
“Drew brings a valuable perspective to our board as a leader of a technology company with services used by millions of people and businesses,” Facebook CEO Mark Zuckerberg said in a statement.
“He thinks deeply about where technology is going and how to build a culture that delivers services that always work well.”
Houston said in a statement that he looks forward to working with Zuckerberg and the rest of Facebook’s board “on the many opportunities and challenges ahead.”
The move comes after Netflix CEO Reed Hastings left Facebook’s board last April, after serving on the board for eight years.
The company also appointed Peggy Alford, PayPal’s senior vice president of core markets, to replace Erskine Bowles, president emeritus of the University of North Carolina, on the board.
Facebook’s current board members are: Mark Zuckerberg; Peggy Alford, Senior Vice President, Core Markets of PayPal Holdings, Inc; Marc L. Andreessen, Andreessen Horowitz; Kenneth I. Chenault, Chairman and Managing Director, General Catalyst; Drew Houston, Co-Founder and CEO, Dropbox; Sheryl K. Sandberg, Chief Operating Officer, Facebook; Peter A. Thiel, Founders Fund; and Jeffrey D. Zients, CEO, the Cranemere Group.
