Katherine Lauderdale Appointed to Professional Diversity Network, Inc.’s Board of Directors
19 Julho 2024 - 10:57AM
Professional Diversity Network, Inc. (NASDAQ: IPDN) (“PDN” or the
“Company”), a developer and operator of online and in-person
networks that provide access to networking, training, educational,
and employment opportunities for diverse individuals, today
announced that the Board of Directors of the Company (the “Board”)
unanimously appointed Katherine Lauderdale as a member of the
Board, the Chair of the Compensation Committee and a member of the
Nominating and Corporate Governance Committee effective August 1,
2024.
Ms. Lauderdale has served as Chief Legal Officer and Corporate
Secretary of Public Broadcasting Service (PBS), a 501(c)(3)
not-for-profit organization, since 2016. In this role, she oversees
PBS’s Legal, Business Affairs, and Standards & Practices
departments as well as the Corporate Secretary’s Office. Prior to
being appointed to this role, she led these teams as Senior Vice
President, General Counsel, and Corporate Secretary at PBS. Ms.
Lauderdale’s experience includes oversight of all legal areas
including intellectual property, litigation, regulatory, labor,
corporate, and other matters. She brings experience in board
affairs and other governance matters, contract negotiations,
government relations, and compliance matters. Lauderdale is a
graduate of New York University Law School.
On July 15, 2024, Courtney C. Shea notified the Board to resign
as member of the Board, Compensation Committee and Chair of the
Audit Committee, effectively August 1, 2024. The Company
understands that Ms. Shea’s decision to resign was not a result of
any disagreement with the Company, and thanks Ms. Shea for her
valuable service as a member of the Board during the past 5
years.
"We are thrilled that Katherine Lauderdale will bring her
diverse legal experience and expertise to PDN Board, as well as a
strong commitment to the principles of good governance. Katherine
also brings with her a deep understanding of the values for which
PDN stands. I look forward to working with her to expand PDN and
move the Company forward,” said Adam He, CEO of the Company.
The Company recently kicked off its new official website:
https://www.ipdn.com/
About Professional Diversity Network, Inc.Professional Diversity
Network, Inc. (PDN) is a developer and operator of online and
in-person networks that provides access to networking, training,
educational and employment opportunities for diverse professionals.
Through an online platform and our relationship recruitment
affinity groups, we provide our employer clients a means to
identify and acquire diverse talent and assist them with their
efforts to recruit diverse employees. Our mission is to utilize the
collective strength of our affiliate companies, members, partners
and unique proprietary platform to be the standard in business
diversity recruiting, networking and professional development for
women, minorities, veterans, LGBTQ+ and disabled persons
globally.
For more about the company, please
visit www.ipdn.comConnect with us on social
media www.linkedin.com/company/prodivnet
Forward-Looking StatementsThis press release contains
information about PDN's view of its future expectations, plans, and
prospects that constitute forward-looking statements. These
forward-looking statements are made under the safe harbor
provisions of the U.S. Private Securities Litigation Reform Act of
1995, as amended. All statements other than statements of
historical facts in this announcement are forward-looking
statements, including, but not limited to: any projections of
earnings, revenue, or other financial items; any statements
regarding the adequacy, availability, and sources of capital, any
statements of the plans, strategies, and objectives of management
for future operations; any statements regarding the future benefits
of the investment described in this release, including the
development of new revenue streams or the availability of
distributions on any securities; any statements relating to the
future reinstatement of the license described in this release by
the applicable regulatory authorities; any statements concerning
proposed new products, services, or developments; any statements
regarding future economic conditions or performance; any statements
of belief; and any statements of assumptions underlying any of the
foregoing. In addition, there is uncertainty about the continuous
spread of the COVID-19 virus and the impact it may have on the
Company’s operations, the demand for the Company’s products, and
global economic activity in general. PDN may also make written or
oral forward-looking statements in its periodic reports to the SEC,
in its annual report to shareholders, in press releases and other
written materials, and in oral statements made by its officers,
directors, or employees to third parties. Statements that are not
historical facts, including statements about PDN’s beliefs and
expectations, are forward-looking statements. Forward-looking
statements involve inherent risks and uncertainties, whether known
or unknown, and are based on current expectations and projections
about future events and financial trends that the Company believes
may affect its financial condition, results of operations, business
strategy, and financial needs. Investors can identify these
forward-looking statements by words or phrases such as “may,”
“will,” “will make,” “will be,” “expect,” “anticipate,” “aim,”
“estimate,” “intend,” “plan,” “believe,” “potential,” “continue,”
“endeavor to,” “is/are likely to,” or other similar expressions.
Further information regarding these and other risks is included in
our annual report and other filings with the U.S. Securities and
Exchange Commission (the “SEC”). All information provided in this
press release is as of the date of this press release, and PDN
undertakes no obligation to update any forward-looking statements,
except as may be required under applicable law.
Press Contact for IPDN:Professional Diversity Network, Inc.Tel:
(312) 614-0950Email: investors@ipdnusa.com
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/4c8ac479-16e8-492f-adc5-82d01061dd8a
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