Airbnb included an additional board of directors as it inches toward an initial public offering, expected in the next year. Ahrendts joined Apple in 2014 after serving as CEO of the British fashion house Burberry for eight years. Earlier this year, Apple announced Ahrendts would step down in April to be replaced by the company’s HR head, Deirdre O’Brien.
Airbnb in August tapped Ann Mather to join its board, Mather is known as the former Pixar executive of Disney. Mather represented the first female addition to its all-male board. In January 2018, the home-sharing giant added Ken Chenault, the American Express’ former chief executive officer, to its board.
Airbnb’s long-term aimed to build an end-to-end travel platform, with a complete package such as home sharing, hotel booking, business travel arrangements, experiences and more. Ahrendts’ experience at both Burberry and Apple, where she leads the businesses in periods of global growth, will come in handy as Airbnb begins making its big pitch to potential shareholders.
$31 billion valued Airbnb in 2017, with a $1 billion round. In January, Airbnb said it was profitable for the second consecutive year on an EBITDA (earnings before interest, taxes, depreciation, and amortization) basis.