Daily News
From Home Furnishing Business
Jung Joins Wayfair’s Board of Directors
May 18,
2018 by Jason Schneider in Executive Changes, Industry 
Wayfair (NYSE: W) announced that Andrea Jung, the former chairman and chief executive officer of Avon Products, Inc., has been elected to Wayfair’s board of directors.
Jung is currently president and chief executive officer of Grameen America, a microfinance organization serving low-income women entrepreneurs with access to financial capital, training, and support.
Jung was the longest serving female chief executive in the Fortune 500 and is widely respected as a trailblazer for women’s empowerment. Jung currently serves on the boards of Apple Inc. and Unilever NV.
“We are honored to welcome Andrea to the Wayfair board,” said Niraj Shah, CEO, co-founder and co-chairman. “Andrea brings a unique perspective and a wealth of global experience to our leadership team, drawing upon her accomplished career as a chief executive and as a true visionary for women’s issues. I am confident that Wayfair will benefit greatly from her insights and expertise. We look forward to Andrea’s perspective and guidance as we continue to drive Wayfair’s rapid growth and ongoing success as the number one retailer for home.”
“I am delighted to join Niraj and Steve and the entire Wayfair team at such an exciting point in the company’s evolution,” said Jung. “As an intensely customer-focused organization rooted in a strong culture of innovation, Wayfair is well positioned to capture the lion’s share of a massive market category globally. I look forward to contributing to Wayfair’s ongoing success and momentum as the company continues to transform the way people shop for their homes.”
Jung previously served on the boards of General Electric and Daimler AG. She is a graduate of Princeton University.