- Prachi Singh |
The board of directors of VF Corporation has elected Silicon Valley venture capitalist Veronica Wu as a Director, effective March 12, 2019. Wu, the company said, will serve on the finance and nominating & governance committees of VF’s board of directors.
“We’re pleased to welcome Veronica to VF’s board of directors,” said Steve Rendle, the company’s Chairman, President and CEO in a statement, adding, “Her extensive experience in technology, artificial intelligence and machine learning, coupled with her deep knowledge of the Chinese consumer and the China digital marketplace, will be a significant addition to our board as we continue to expand our digital capabilities and leverage digital as a key growth engine for our brands worldwide.”
Wu, the company added, launched Hone Capital in 2015 to pioneer a new model of venture investing that combines machine learning with powerful angel networks to deliver consistent return at scale. To date, Hone has invested in more than 300 technology companies, including many throughout the e-commerce and consumer sectors.
Prior to Hone Capital, from 2013 to 2015, Wu served as vice president of Tesla Motors overseeing its China Operations and led the introduction of the company’s first car into the China market in 2014. Before Tesla, Wu worked for Apple, Inc., where she led the launch of Apple’s Education and Enterprise business in China from 2006 to 2013, growing it from inception into a multi-billion dollar business. Previously, she held senior positions at Motorola and McKinsey & Company.