Monday, March 10, 2014

Right PEU Moves for Chelsea Clinton

Three years working for Avenue Capital likely gave Chelsea Clinton her wealth base.  The opportunities have only grown for Chelsea (as indicated by her bio in IAC Interactive's 2013 proxy statement):

Chelsea Clinton, age 33, has been a director of IAC since September 2011. Ms. Clinton is currently pursuing a doctorate in public health at Oxford University and working as an Assistant Provost at New York University, where she has focused on interfaith initiatives and the university's Global Expansion Program since March 2010. Since September 2011, Ms. Clinton has also served as a member of the boards of directors of the Clinton Foundation and the Clinton Health Access Initiative. Ms. Clinton also currently serves as a special correspondent for NBC news. Prior to these efforts, Ms. Clinton worked as an associate at McKinsey & Company, a consulting firm, from August 2003 to October 2006, and as an associate at Avenue Capital Group, an investment firm, from October 2006 to November 2009. Ms. Clinton also currently serves on the boards of directors of The School of American Ballet, Common Sense Media and The Weill Cornell Medical College. In nominating Ms. Clinton, the Board considered her broad public policy experience and keen intellectual acumen, which together the Board believes will bring a fresh and youthful perspective to IAC's businesses and initiatives.
The IAC board has a number of corporate legends.  That's quite the training ground for Chelsea.  Her board compensation from IAC was $299,991.  That tidy sum beats intern wages.

Update 3-15-14:  Washington's Blog noted the Clinton's corporate ways, including daughter Chelsea.

Update 3-23-14:  For a Clinton family selfie, click here.

Update 7-27-14:  NYPo noticed Chelsea's fantastic opportunities.