Duolingo announced the appointment of Sallie Krawcheck to its Board of Directors, effective August 10, 2026. The company's Board was expanded from nine to ten members to accommodate the appointment. Ms. Krawcheck will serve as a Class I director and as a member of the Audit, Risk and Compliance Committee.
Key Details
- Appointment: Sallie Krawcheck, founder of Ellevest and former CFO of Citigroup, was appointed as a new independent director.
- Term & Timeline: The appointment is effective immediately, with a term set to expire at the company's 2028 annual meeting of stockholders.
- Compensation: Ms. Krawcheck's compensation includes an initial RSU award valued at $450,000, an annual cash retainer of $45,000, and an additional $10,000 cash retainer for her committee service, alongside future annual RSU awards.