Management ChangeAug 10, 2026, 09:08 AM
Duolingo Appoints Sallie Krawcheck to Board of Directors
AI Summary
Duolingo, Inc. announced the appointment of Sallie Krawcheck as a Class I director to its Board of Directors, effective immediately. Ms. Krawcheck will also join the Audit, Risk and Compliance Committee. This appointment expands the Board from nine to ten directors. Ms. Krawcheck brings extensive experience, including her previous roles as CFO of Citigroup and founder of Ellevest, and will receive a compensation package including cash retainers and restricted stock units.
Key Highlights
- Duolingo appointed Sallie Krawcheck as a Class I director to its Board of Directors.
- Ms. Krawcheck will also serve as a member of the Audit, Risk and Compliance Committee.
- The Board size was increased from nine to ten directors with this appointment.
- Her term as director will expire at the Company's 2028 annual meeting of stockholders.
- Director compensation includes an annual cash retainer of $45,000 for Board service.
- An additional annual cash retainer of $10,000 is provided for Audit Committee service.
- She will receive an initial RSU award valued at $450,000, vesting over three years.
- Annual RSU awards are also part of her compensation package.
Price Impact
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