Seattle-based Nordstrom, Inc. JWN announced the appointment of Shellye L. Archambeau, MetricStream, Inc.
chief executive officer, to the company's Board of Directors. Her addition
brings the total number of directors to 13, ten of whom serve as independent
directors. Nordstrom directors serve one-year terms and the company requires
annual elections of all Board members.
Prior to joining MetricStream in 2002, Ms. Archambeau was Chief Marketing
Officer and Executive Vice President of Sales for Loudcloud, Inc., a leader in
Internet infrastructure services, Chief Marketing Officer of NorthPoint
Communications and President of Blockbuster Inc.'s e-commerce division. Before
joining Blockbuster, she held domestic and international executive positions
during a 15-year career at IBM.
"We are fortunate to have Shellye join our board and further strengthen our
capabilities as Nordstrom continues to grow," said Enrique Hernandez, Jr.,
Chairman of the Board of Directors for Nordstrom. "We are focused on being the
best public company possible and exceptional corporate governance is a
cornerstone of our oversight. We're delighted to welcome Shellye and are
confident her expertise in business, compliance and governance will be
valuable to our board, our management team and ultimately our shareholders."
Under Archambeau's leadership, the privately-held MetricStream has grown into
a recognized global leader of Governance, Risk, Compliance (GRC) and Quality
Management software with a track record of success.
Ms. Archambeau has served as a Director of Verizon since December 2013 and is
currently a member of Verizon's Audit Committee and the Corporate Governance
and Policy Committee.
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