September 26, 2011 / 9:16 PM / 7 years ago

IAC names Chelsea Clinton to its board

(Reuters) - Billionaire Barry Diller’s IAC/InterActiveCorp IACI.O named Chelsea Clinton to its board, the U.S. online media holding company said in a regulatory filing on Monday.

Chelsea Clinton speaks during a panel discussion regarding technologies for economic empowerment at the Clinton Global Initiative in New York, September 22, 2011. REUTERS/Lucas Jackson

Clinton, the daughter of former President Bill Clinton and current Secretary of State Hillary Rodham Clinton, is pursuing a doctorate at Oxford University and is working at the Clinton Foundation.

The company, which owns a range of Internet businesses, including search engine and Citysearch, also named Sonali De Rycker as a member of the board.

Rycker is currently a partner at Accel Partners where she focuses on investments in the consumer internet and digital media sectors.

Shares of the company closed at $40.49 on Nasdaq.

Reporting by Arpita Mukherjee in Bangalore

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