Facebook parent company Meta names DoorDash CEO Xu to board

Facebook parent Meta Platforms Inc. FB, +1.92% on Tuesday named DoorDash Inc. DASH, +7.64% Chief Executive Tony Xu to its board, effective immediately. “Tony has built a great service for millions of people to get food and more from hundreds of thousands of restaurants and small businesses,” Meta CEO Mark Zuckerberg said in a statement. “I’ve always thought it’s important to have great tech leaders on our board, and Tony has direct experience both running a tech company and solving complex challenges in commerce.” Xu’s addition brings Meta’s board to 10 members.