Kenneth I. Chenault to Join Airbnb's Board

Former American Express CEO, Kenneth I. Chenault will be joining the board of directors of Airbnb.

The announcement comes one week after Facebook appointed Chenault to its board of directors.

Mr. Chenault will be the first and only black board member at both Airbnb and Facebook. 

"I am proud to announce that we will be adding Ken Chenault to our Board of Directors as our first non-affiliated independent director. Airbnb is built on trust. As the CEO of American Express, Ken has built one of the most successful trust-based companies in the world. It is a company that has endured and innovated for nearly 168 years. Ken and I spent time talking about the 21st-century model and in particular the role of trust as the infrastructure for such a model. Ken also believes deeply that, now more than ever, companies need to stand for values, character, and competence," said Airbnb Co-Founder, CEO and Head of Community Brian Chesky.

He will be the first non-affiliated independent board member at Airbnb.

Airbnb is an American company which hosts an online marketplace and hospitality service, for people to lease or rent short-term lodging including vacation rentals, apartment rentals, homestays, hostel beds, or hotel rooms.