Okta Names Emilie Choi to Board of Directors

Rhea-AI Summary

Okta, Inc. (NASDAQ: OKTA) has appointed Emilie Choi, President and COO of Coinbase, to its board of directors effective August 19, 2022. Choi's extensive experience in technology and entrepreneurship is expected to enhance Okta's strategic direction as it focuses on digital identity solutions. CEO Todd McKinnon expressed excitement about Choi’s addition, highlighting her potential contributions to the company's mission. Choi has a robust background, having held leadership positions at LinkedIn and other prominent firms, making her a valuable asset for Okta.

Positive

• Emilie Choi brings extensive experience in technology and corporate strategy, enhancing board dynamics.
• Choi's appointment aligns with Okta's mission to strengthen its position as a leader in digital identity.

Negative

• Concerns may arise regarding continuity during the transition period for Choi as she joins the board.

SAN FRANCISCO--(BUSINESS WIRE)-- Okta, Inc. (Nasdaq: OKTA), the leading independent identity provider, today announced that Emilie Choi, President and Chief Operating Officer of Coinbase Global, Inc., has been appointed to the company’s board of directors, effective August 19, 2022.

Emilie Choi, President and Chief Operating Officer of Coinbase Global, Inc., joins Okta, Inc.'s board of directors. (Photo: Business Wire)

“Emilie’s passion for entrepreneurship, technology, and scaling mission-oriented businesses has helped build some of the most influential technology companies of the last two decades,” said Todd McKinnon, Okta’s CEO and co-founder. “We are excited to welcome her expertise and perspective to Okta’s board of directors as we build the world’s digital identity standard.”

“It’s clear that identity is at the heart of every industry and every digital interaction. I look forward to working with Okta as the company executes on its mission of freeing anyone to safely use any technology and creating a world where your identity belongs to you,” said Choi.

About Emilie Choi

Ms. Choi serves as President and Chief Operating Officer at Coinbase Global, Inc., where she has worked since March 2018, previously as Vice President of Business, Data and International. She also served as a member of the board of directors of ZipRecruiter, Inc., Naspers Limited and Prosus N.V., a subsidiary of Naspers Limited.

Previously, Ms. Choi served as the Vice President and Head of Corporate Development at LinkedIn Corporation from 2009 to 2018. Prior to LinkedIn Corporation, Ms. Choi held leadership roles in corporate development, strategy, and operations at Warner Bros. Entertainment Inc. from 2007 to 2009. She also worked in corporate development and strategy at Yahoo! Inc. from 2003 to 2005 and began her career as a Senior Analyst in Investment Banking at Legg Mason Wood Walker, Inc. from 2000 to 2003.

Ms. Choi holds a B.A. in Economics from the Johns Hopkins University and an M.B.A from the Wharton School at the University of Pennsylvania.

About Okta

Okta is the leading independent identity provider. The Okta Identity Cloud enables organizations to securely connect the right people to the right technologies at the right time. With more than 7,000 pre-built integrations to applications and infrastructure providers, Okta provides simple and secure access to people and organizations everywhere, giving them the confidence to reach their full potential. More than 15,800 organizations, including JetBlue, Nordstrom, Siemens, Slack, Takeda, Teach for America, and Twilio, trust Okta to help protect the identities of their workforces and customers.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220822005670/en/

Investor Contact:

Dave Gennarelli

investor@okta.com

Media Contact:

Kyrk Storer

press@okta.com

Source: Okta, Inc.

FAQ

Who is the newly appointed board member of Okta?

Emilie Choi, President and COO of Coinbase, was appointed to Okta's board of directors effective August 19, 2022.

What experience does Emilie Choi have that benefits Okta?

Choi has significant experience in technology and strategy from her roles at Coinbase and LinkedIn, which can aid Okta in achieving its strategic goals.

How might Emilie Choi's appointment affect Okta's business?

Choi's experience is expected to provide fresh perspectives for Okta, potentially driving growth and innovation in digital identity solutions.

When was Emilie Choi appointed to Okta's board?

Emilie Choi was appointed to the board of Okta on August 19, 2022.