Jeffrey Jordan
AirbnbAbout Jeffrey Jordan
Jeffrey Jordan (age 66) is an independent Class II director of Airbnb, first appointed in August 2011. He is a General Partner at Andreessen Horowitz and is designated an Audit Committee Financial Expert by the board. He holds a BA from Amherst College and an MBA from Stanford Graduate School of Business .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| OpenTable, Inc. | Chief Executive Officer | 2007–2011 | Led online reservations platform through growth phase |
| PayPal, Inc. (then owned by eBay) | President | 2004–2006 | Oversight of digital payments operations |
| eBay North America | SVP & GM | ~1999–2004 (5 years prior to PayPal role) | General management for North America |
| Hollywood Entertainment Corp. | Chief Financial Officer; later President of Reel.com (subsidiary) | Prior to Disney roles (dates not specified) | Finance leadership; subsidiary leadership |
| The Walt Disney Company | Various; most recently SVP & CFO, Disney Store Worldwide | 8 years (dates not specified) | Retail finance leadership |
| The Boston Consulting Group | Consultant | Early career | Strategy consulting |
External Roles
| Organization | Type | Role | Tenure |
|---|---|---|---|
| Accolade, Inc. | Public | Director | Since July 2016 (current) |
| Pinterest, Inc. | Public | Director | Oct 2011–May 2024 (prior) |
| Maplebear Inc. (Instacart) | Public | Director | Jun 2014–May 2024 (prior) |
| Multiple private companies | Private | Director | Ongoing (via a16z) |
Board Governance
- Independence: The board determined Jordan is independent under Nasdaq Listing Rules .
- Election cycle: Nominated for re-election as a Class II director at the June 4, 2025 annual meeting; term would run to the 2028 annual meeting if elected .
- Lead independent director: Kenneth Chenault; board remains a classified board (Jordan in Class II) .
- Attendance and engagement:
- Board met 4 times in 2024; all directors attended at least 75% of aggregate board and committee meetings; all directors attended the 2024 annual meeting .
- Committee meeting frequencies in 2024: Audit, Risk & Compliance (8); Nominating & Corporate Governance (3) .
| Committee | Role | 2024 Meetings | Notes |
|---|---|---|---|
| Audit, Risk & Compliance | Member | 8 | Board designated Jordan an “audit committee financial expert” |
| Nominating & Corporate Governance | Chair | 3 | Oversees board composition, independence reviews, annual self-evaluations |
| Stakeholder Committee | — | — | Not a member; committee is advisory in nature |
Fixed Compensation (Non‑Employee Director)
| Element | Amount (USD) | Basis/Notes |
|---|---|---|
| Annual board retainer | $50,000 | Standard retainer |
| Audit Committee member fee | $17,500 | Member retainer |
| Nominating & Corporate Governance Chair fee | $30,000 | Chair retainer |
| Total fees earned (nominal) | $97,500 | Matches 2024 Fees Earned or Paid in Cash; Jordan elected RSUs in lieu of cash (675 RSUs) |
Performance Compensation (Director Equity and Structure)
| Grant/Feature | Quantity/Value | Vesting/Terms |
|---|---|---|
| Annual RSU award (May 25, 2024) | 2,076 RSUs; grant date fair value ~$299,920 | Vests in full on first anniversary of grant (time-based) |
| RSUs in lieu of cash fees (2024) | 675 RSUs | Granted per director election; vests per policy (same mechanics as annual award) |
| Change-in-control treatment | Full vesting of director RSUs upon change in control | Non-employee director policy |
Note: Non-employee director equity is time-based; there are no performance metrics tied to director equity awards .
Other Directorships & Interlocks
| Company | Relationship to ABNB | Notes |
|---|---|---|
| Accolade, Inc. (current) | Unrelated sector | Health benefits platform; no related-party transactions disclosed with ABNB |
| Pinterest, Instacart (prior) | Unrelated sectors | Service ended May 2024; no ABNB related-party transactions disclosed |
| Andreessen Horowitz (a16z) | GP role | No related-party transactions with a16z disclosed; standard indemnification agreements apply |
Expertise & Qualifications
- Audit and financial expertise: Designated “audit committee financial expert”; can read and understand fundamental financial statements .
- Operating leadership: Former CEO (OpenTable), President (PayPal), GM (eBay North America), CFO roles (Disney Store Worldwide, Hollywood Entertainment) .
- Governance leadership: Chair, Nominating & Corporate Governance Committee .
- Education: BA (Amherst), MBA (Stanford GSB) .
Equity Ownership
| Metric | Amount |
|---|---|
| Class A shares beneficially owned (total) | 126,854 shares (<1%); includes 12,457 directly, 111,646 via Jordan Family Trust, and 2,751 RSUs vesting within 60 days of April 7, 2025 |
| Class B / Class H shares | None |
| RSUs outstanding at 12/31/2024 (director) | 2,751 RSUs |
| Hedging/Pledging policy | Hedging prohibited; pledging prohibited absent board approval, capped at ≤5% of holder’s company securities and ≤$50M aggregate loans |
| Director stock ownership guideline | 5x annual board cash retainer (i.e., $250,000 of stock value) |
No pledges or hedging by Jordan are disclosed; company-wide policies restrict such activity .
Related Party Transactions and Conflicts
| Item | Details |
|---|---|
| Family employment | Alison Jordan (daughter) employed since 2017 (roles progressed to Senior Partnerships Manager in Feb 2025). Compensation/awards aligned to market/internal equity; Jeffrey Jordan plays no role in determining her pay/performance; he receives no benefit from her employment . |
| Related-party oversight | Chair of Audit Committee reviews/approves related-party transactions; committee ratifies quarterly; Jordan is a committee member (not Chair) . |
| Other related parties | No transactions disclosed with a16z or Jordan-affiliated entities beyond standard indemnification/IRA . |
| Code of ethics & policies | Conflict of interest and insider trading policies in place; anti-hedging and restricted pledging apply to directors . |
RED FLAGS
- Related-party exposure via daughter’s employment at Airbnb. Mitigants disclosed: market-based compensation, no involvement by Jordan, and quarterly ARC oversight processes .
Director Compensation Summary (2024)
| Component | Amount (USD) |
|---|---|
| Fees Earned or Paid in Cash (elected into RSUs) | $97,500 |
| Stock Awards (Annual RSU grant) | $299,937 |
| Total | $397,437 |
Directors may elect RSUs in lieu of cash fees; all non-employee directors received the standard $300,000 annual RSU grant in 2024 (2,076 RSUs) with time-based vesting .
Governance Assessment
-
Strengths
- Deep operating and financial expertise; designated audit committee financial expert, supporting financial oversight during a period of sustained scale for Airbnb .
- Active governance role as Chair of Nominating & Corporate Governance, including independence determinations and board/management self-evaluations; committee met 3x in 2024 .
- Engagement indicators: board met 4x; all directors ≥75% attendance; audits met 8x—Jordan serves on this high-frequency risk oversight forum .
- Alignment mechanisms: director stock ownership guideline (5x retainer) and time-based equity awards; anti-hedging/restricted pledging policy .
-
Watch items
- Related-party: employment of his daughter requires ongoing monitoring and continued recusal/ARC oversight, which the company documents as process; no financial benefit to Jordan disclosed .
- Venture interlocks: as a GP at a16z and director service at other companies, monitor for any future transactions involving Airbnb and portfolio companies; none disclosed in 2024–2025 proxy .
-
Investor confidence signals
- Board continues to classify Jordan as independent; he is up for re-election in 2025 as a Class II nominee .
- 2024 Say-on-Pay support high at 98.8% (company-wide, not director-specific), indicating broad shareholder support for overall compensation governance .