Zipcar, a membership-based car-sharing service that enables members to reserve a car via the Web, phone or an iPhone app, this morning announced the addition of former eBay CEO Meg Whitman to its board of directors. She will be replacing long-time Zipcar investor and board member Jim Gerson, who is giving up his seat.
Whitman led eBay from 1998 to 2008. After her tenure, she ran for Governor of California, won the primaries, but lost to Jerry Brown in the November 2 election despite spending roughly $160 million on her campaign.
(By the way, someone please tell her her website is down).
Former AOL CEO turned investor Steve Case is also on the Zipcar board, as is John Mahoney, vice chairman and CFO of Staples.
Zipcar says it now boasts more than 530,000 members and 8,500 vehicles in urban areas and college campuses throughout the United States, Canada and the United Kingdom.
In April 2010, Zipcar bought London-based car-sharing firm Streetcar for $50 million in its latest bid to expand across Europe.
We reported last June that Zipcar was pondering a $75 million IPO to pay off its debts, but at the end of last year the company raised $21 million in venture capital funding instead.
Meg Whitman edit Meg Whitman, is the former CEO and Board Chairman of eBay. She resigned in March of 2008. In September of 2009, she announced her official candidacy for governor of California. On September 22nd, Hewlett-Packard (HP) announced that she has been hired to by the Board of Directors to become CEO and President of the global PC maker. Leading eBay from 1998 to 2008, Meg helped the company grow from 30 employees and a little over $4 million in...
Zipcar is a membership-based car-sharing company that provides automobile rentals to its members, billable on an hourly or daily basis. Members are able to view vehicle availability and reserve a self-service car via the internet, iPhone app, or telephone, in increments as short as one hour and pay only for time they reserve. Zipcar vehicles report their positions to a control center using in-car technology. Zipcar was founded in 2000 by Cambridge, Massachusetts. On October 31, 2007 Zipcar merged...
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