Retail News Breaks Archives
Ex-drugstore.com CEO joins AOL board
October 25th, 2012
NEW YORK – Former drugstore.com chairman and chief executive officer Dawn Lepore has become a member of the board of directors at AOL Inc.
"AOL has an impressive collection of world-class brands and is a clear industry leader in creating cutting-edge digital advertising solutions," Lepore said in a statement. "Joining the board allows me to be a part of its future, and that's exciting."
The Internet services giant said Thursday that Lepore — currently CEO at Prosper Marketplace Inc., a peer-to-peer lending marketplace — brings more than three decades of experience in building and operating online businesses, including drugstore.com and at The Charles Schwab Co.
Lepore led drugstore.com from 2004 until its acquisition by Walgreen Co. in 2011. Before that, she held leadership positions at Charles Schwab, where she was pivotal in building the financial services company's e-commerce business. In 21 years at Schwab, she served as vice chairman of technology, operations, administration, strategy and active trader, chief information officer, a member of Schwab's executive committee and a trustee of SchwabFunds.
Currently, Lepore serves on the boards of eBay Inc., Limos.com and Coupons.com. She previously served on the boards of Walmart and The New York Times Co.
"Dawn's unique experience serving as both a board member and operator for media, technology and retail brands makes her a natural fit for the AOL Board," stated Tim Armstrong, chairman and CEO of AOL. "Her deep industry expertise will be instrumental as we continue to evolve our business model and create value for our shareholders."