Google’s parent company, Alphabet, has added a new member. Alphabet issued an announcement saying that its board of directors had appointed Frances Arnold as a member of the board of directors on the 7th, and joined the nomination and corporate governance committee of the board of directors, with immediate effect.
This means that three of the 11 members of Alphabet’s board of directors are women. The announcement shows that Frances Arnold holds a bachelor’s degree in mechanical and aerospace engineering from Princeton University and a PhD in chemical engineering from the University of California, Berkeley. She joined the California Institute of Technology in 1986 as a faculty member. His current laboratory focuses on targeted interventions in protein synthesis projects and their applications in renewable energy, chemistry and medicine.
Not only that, Frances Arnold won the 2018 Nobel Prize in Chemistry for developing the first protein that catalyzes chemical reactions. Since 2016, she has been a director of Illumina, a provider of integrated systems that provides genetic variation and biological function analysis, and director of Provivi, a private agricultural pest management company.
Alphabet is actively investing in the fields of renewable energy and medical care, and it needs professional advice to alleviate concerns about its credibility in collecting and using personal data. Moreover, its investment in the life sciences sector through its subsidiary Verily is an important part of its “other bet” segment.
Alphabet Board Chairman John Hennessy said in a filing with the Securities and Exchange Commission that the company will provide Frances Arnold with an initial equity award of $ 1 million in the form of restricted stock. After each annual shareholder meeting, she will be eligible for $ 350,000 in restricted stock and $ 75,000 in advance as a service fee for the previous year.
Six days ago, on December 4, two Google co-founders Larry Page and Sergey Brin announced that they would transfer control to Google CEO Sundar Pichai and announced their resignation at the same time, but retained a seat on the board of directors.
Sundar Pichai tweeted that Frances Arnold brings incredible academic and industry expertise, her career spanning chemistry, engineering, renewable energy and other areas, and she won the Nobel Prize in Chemistry. Looking forward to working with her.