Isn’t it amazing how Chelsea Clinton just seems to luck into incredibly lucrative positions with no experience whatsoever?
It’s almost like people just give her things based on her last name and who her parents are.
Being on the board of directors for a company like Expedia is great because you don’t really have to do any work, but it comes with major perks.
Expedia names Chelsea Clinton to board of directors
In a public filing posted Friday, the travel site said it named Clinton — the daughter of Hillary Clinton — as a member of its board on Thursday.
Expedia (EXPE) said Clinton will be paid “in accordance with the company’s standard compensation policies” for board members.
According to an Expedia proxy statement from August, non-employee directors were paid a $45,000 “annual retainer” and awarded $250,000 worth of stock in 2015.
Board members who served on various committees were paid an additional $10,000 to $20,000. But Expedia said in a filing that Clinton “has not been appointed to serve as a member of any committee.”
What’s happening here is that Chelsea is being groomed for office. When she eventually runs, she has to have something on her resume.
This will be touted as her “executive experience.”