Madmallard
.223 Rem
HER mum Hillary Clinton didn’t make it to the White House, and hubby Marc Mezvinsky has just shuttered his hedge fund.
What’s a girl to do?
Expedia answered that question for Chelsea Clinton Friday by appointing her to its board.
The online travel giant had to increase the number of its directors from 13 to 14 in order to accommodate Clinton, according to securities filings.
But with 54 percent of its voting shares, Expedia’s chairman — billionaire Barry Diller — has the clout to do it.
By bringing the 37-year-old daughter of a former president and a near-president aboard, Diller was simply reprising the role he played in appointing Clinton to the board of IAC Interactive four years ago, where he was and still is chairman.
Of course, the future looked brighter for the Clintons back then, and so Diller deserves kudos for showing lasting loyalty.
The filing didn’t go into what Clinton will do for Expedia, except to say she’ll be rewarded “in accordance with the company’s standard compensation policies
The most recent Expedia proxy puts that compensation at $295,000, consisting of a $45,000 cash retainer and $250,000 in trade-restricted stock.
That’s just shy of Clinton’s $299,936 compensation — $50,000 cash and $249,936 in stock — for sitting on IAC’s board.
And while the two gigs promise plenty of coin for only a handful of meetings, bear in mind The Post pegged Clinton “a million-dollar baby” two years ago.
She has since given up a few stints — most notably a $600,000 salary for being a special NBC correspondent.
Chelsea Clinton’s sweet board gig
What’s a girl to do?
Expedia answered that question for Chelsea Clinton Friday by appointing her to its board.
The online travel giant had to increase the number of its directors from 13 to 14 in order to accommodate Clinton, according to securities filings.
But with 54 percent of its voting shares, Expedia’s chairman — billionaire Barry Diller — has the clout to do it.
By bringing the 37-year-old daughter of a former president and a near-president aboard, Diller was simply reprising the role he played in appointing Clinton to the board of IAC Interactive four years ago, where he was and still is chairman.
Of course, the future looked brighter for the Clintons back then, and so Diller deserves kudos for showing lasting loyalty.
The filing didn’t go into what Clinton will do for Expedia, except to say she’ll be rewarded “in accordance with the company’s standard compensation policies
The most recent Expedia proxy puts that compensation at $295,000, consisting of a $45,000 cash retainer and $250,000 in trade-restricted stock.
That’s just shy of Clinton’s $299,936 compensation — $50,000 cash and $249,936 in stock — for sitting on IAC’s board.
And while the two gigs promise plenty of coin for only a handful of meetings, bear in mind The Post pegged Clinton “a million-dollar baby” two years ago.
She has since given up a few stints — most notably a $600,000 salary for being a special NBC correspondent.
Chelsea Clinton’s sweet board gig
