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Nextdoor Appoints Elisa Steele to Board of Directors

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Nextdoor (NYSE: KIND) has appointed Elisa Steele to its board of directors. Steele, an industry veteran with C-level roles at companies like Jive Software, Microsoft, and Yahoo!, joins a revamped board that includes Marissa Mayer, Niraj Shah, and Robert Hohman. The changes follow founder Nirav Tolia's return as CEO in March 2024.

Steele brings 30 years of tech industry experience and currently serves on the boards of Amplitude, Bumble, JFrog, and Procore Technologies. Her expertise is expected to help Nextdoor enhance its neighborhood network platform.

CEO Tolia highlighted Steele's successful track record at both CEO and CMO levels, emphasizing her potential to drive the company's growth. Steele expressed enthusiasm for leveraging her skills to scale Nextdoor's technology and improve community relationships.

Positive
  • Appointment of industry veteran Elisa Steele to the board, adding expertise in scaling tech companies.
  • Revitalized board with high-profile executives including Marissa Mayer and Niraj Shah.
  • Steele’s experience in both CEO and CMO roles is expected to drive Nextdoor’s growth.
Negative
  • Recent board changes might indicate instability or lack of continuity in leadership.

Ms. Steele brings a unique combination of C-level leadership, marketing, and public-company expertise to Nextdoor as it builds the essential neighborhood network

SAN FRANCISCO--(BUSINESS WIRE)-- Nextdoor Holdings, Inc. (NYSE: KIND), the essential neighborhood network, is pleased to announce the appointment of technology industry pioneer Elisa Steele to its board of directors. Ms. Steele is a former CEO, CMO, and executive of several leading technology companies including Jive Software, Microsoft, Namely, Skype and Yahoo! She is an experienced public board director and serves on the board of directors of Amplitude (AMPL), Bumble (BMBL), JFrog (FROG), and Procore Technologies (PCOR).

Ms. Steele’s appointment follows the return of Nextdoor’s founder and CEO, Nirav Tolia, in March 2024. Since then, Nextdoor has revitalized its Board to include veteran technology executives Marissa Mayer, former CEO of Yahoo!, Niraj Shah, CEO, Co-Chairman and Co-Founder of Wayfair, and Robert Hohman, Co-Founder and Chairman of Glassdoor.

“Ms. Steele is a true industry visionary, with over 30 years of experience scaling multiple pioneering consumer technology brands,” said Nirav Tolia, Nextdoor’s CEO. “With a unique, successful track record delivering at both the CEO and CMO level, Ms. Steele’s differentiated perspective will help propel Nextdoor as we build the definitive internet service in local. We are thrilled to welcome Ms. Steele to Nextdoor’s board.”

“Nextdoor is committed to the transformative power of technology to build local, meaningful community relationships,” said Elisa Steele. “I’m passionate about leveraging my skills and experience to scale technology businesses. It’s an exciting time to join Nextdoor, as the company focuses on delivering a connected product experience that dramatically improves the quality of people’s lives.”

Nextdoor uses its Investor Relations website (investors.nextdoor.com), its X handle (twitter.com/Nextdoor), and its LinkedIn Home Page (linkedin.com/company/nextdoor-com) as a means of disseminating or providing notification of, among other things, news or announcements regarding its business or financial performance, investor events, press releases, and earnings releases, and as a means of disclosing material nonpublic information and for complying with its disclosure obligations under Regulation FD.

About Elisa Steele

Ms. Steele currently serves on the board of directors of Amplitude (AMPL), Bumble (BMBL), JFrog (FROG), and Procore Technologies (PCOR). Ms. Steele previously served as a director and Chair of the board of directors of Namely, Inc., a human resources software company, from August 2017 to September 2022, and served as Chief Executive Officer from August 2018 to July 2019. Prior to joining Namely, Ms. Steele held various positions at Jive Software, Inc., a collaboration software company (acquired by Aurea Software, Inc.), including Chief Executive Officer and President from February 2015 to July 2017. Prior to joining Jive Software, Ms. Steele served as Chief Marketing Officer and Corporate Vice President, Consumer Apps & Services at Microsoft Corporation, a worldwide provider of software, services and solutions, and Chief Marketing Officer of Skype, an internet communications company. Ms. Steele has also held executive leadership positions at Yahoo! Inc. and NetApp, Inc. Ms. Steele previously served as Chair of the board of directors of Cornerstone on Demand and as a director of Splunk (acquired by Cisco). Ms. Steele holds a B.S. in Business Administration from the University of New Hampshire and an M.B.A. from the Lam Family College of Business at San Francisco State University.

About Nextdoor

Nextdoor (NYSE: KIND) is the essential neighborhood network. Neighbors, businesses of all sizes, and public agencies in more than 335,000 neighborhoods across 11 countries turn to Nextdoor to connect to the neighborhoods that matter to them so that they can thrive. As a purpose-driven company, Nextdoor leverages innovative technology to cultivate a kinder world where everyone has a neighborhood they can rely on — both online and in the real world. Download the app or join the neighborhood at nextdoor.com. For more information and assets, visit nextdoor.com/newsroom.

Nextdoor Investor Relations:

John T. Williams

ir@nextdoor.com



Nextdoor Media Relations:

Kelsey Grady

Antonia Gray

press@nextdoor.com

Source: Nextdoor Holdings, Inc.

FAQ

When did Nextdoor appoint Elisa Steele to the board of directors?

Nextdoor announced the appointment of Elisa Steele to its board of directors on October 12, 2023.

What is Elisa Steele’s background?

Elisa Steele has over 30 years of experience in the tech industry, having held C-level positions at Jive Software, Microsoft, Yahoo!, and more.

What other companies' boards does Elisa Steele serve on?

Elisa Steele serves on the boards of Amplitude (AMPL), Bumble (BMBL), JFrog (FROG), and Procore Technologies (PCOR).

Who are the other notable members of Nextdoor's board?

Nextdoor's board includes Marissa Mayer, former CEO of Yahoo!, Niraj Shah, CEO of Wayfair, and Robert Hohman, Co-Founder of Glassdoor.

When did Nirav Tolia return as Nextdoor’s CEO?

Nirav Tolia returned as Nextdoor’s CEO in March 2024.

What impact is Elisa Steele expected to have on Nextdoor?

Elisa Steele's extensive experience in scaling tech companies is expected to help propel Nextdoor's growth and enhance its neighborhood network platform.

Nextdoor Holdings, Inc.

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