Nordstrom names two new directors to its board

In an effort to increase diversity and inclusiveness, Nordstrom appointed two new board members. The American retailer has one seat available follow the unfortunate loss of co-president Blake Nordstrom, and sitting board member Phil Satre plans to vacate his seat when his term ends this May.

The two new board members, Kirsten Green and Glenda McNeal are respectively the founder and managing director of Forerunner Ventures, and president of American Express Company Enterprise Strategic Partnerships, to its board.

The appointment of the two women to its board comes with a statement from Nordstrom of its commitment to "diverse workforce representation across all business areas and at every level of leadership.” Five of the 11 board members are now women.

“The unique perspectives and experiences [Green and McNeal ] bring to Nordstrom will continue to support our efforts to meet the ever-changing needs of our customers, enabling them to shop where, how and when they choose," board chairman Brad Smith told WWD.

Green launched her Silicon Valley capital firm Forerunner Ventures in 2010, to focus on understanding today’s consumer and investing in entrepreneurs. Forerunner's portfolio includes Warby Parker, Bonobos, Dollar Shave Club and Jet.

As president of American Express Company Enterprise Strategic Partnerships, McNeal leads strategy and key initiatives for e-commerce, technology and retail partners. She joined the company in 1989.