Nextdoor Holdings, Inc. (NYSE: KIND) has recently appointed Elisa Steele, a technology industry pioneer, to its board of directors. Elisa Steele brings a wealth of experience from her time as CEO, CMO, and executive at leading technology companies, including Jive Software, Microsoft (Skype), and Yahoo!. Notably, she also serves on the boards of Amplitude, Bumble, JFrog, and Procore Technologies.
This appointment follows the return of Nextdoor's founder and CEO, Nirav Tolia, in March 2024. Since then, the company has revitalized its board with the addition of veteran technology executives Marissa Mayer, former CEO of Yahoo!, Niraj Shah, CEO and co-founder of Wayfair, and Robert Hohman, co-founder and chairman of Glassdoor.
Elisa Steele's appointment is seen as a significant move for Nextdoor, as she brings over 30 years of experience scaling pioneering consumer technology brands. Her unique perspective, gained from her successful track record at both the CEO and CMO level, is expected to propel Nextdoor as it aims to build the definitive internet service for local communities.
Nextdoor, known as the essential neighborhood network, operates in more than 335,000 neighborhoods across 11 countries. The company is focused on leveraging innovative technology to create a kinder world, where everyone has a neighborhood they can rely on, both online and in the real world.
The company's commitment to transformative technology to build local, meaningful community relationships aligns with Elisa Steele's passion for leveraging her skills and experience to scale technology businesses. As Nextdoor focuses on delivering a connected product experience that improves the quality of people's lives, Elisa Steele's appointment is expected to play a vital role in the company's future endeavors. Following these announcements, the company's shares moved 2.2%, and are now trading at a price of $2.73. Check out the company's full 8-K submission here.
