October 11, 2011--Chelsea Clinton, N.C.

As reported last Friday in the New York Times:

Chelsea Clinton Joins Board of Diller’s IAC
BY PETER LATTMAN

A securities filing issued on Monday disclosed that Chelsea Clinton, 31, is now a director of IAC/InterActiveCorp.
Chelsea Clinton has joined the board of IAC/InterActiveCorp, the Internet media company controlled by Barry Diller.

A securities filing issued on Monday disclosed that Ms. Clinton, 31, is now a director of the company, whose portfolio of Web sites includes the Daily Beast, CollegeHumor and Match.com. It also publishes Newsweek magazine.

Ms. Clinton will earn $50,000 per year as an IAC board member. The company also granted Ms. Clinton $250,000 worth of IAC shares that vests in equal installments over three years.

The post is Ms. Clinton’s first directorship. Ms. Clinton, 31, is pursuing a doctorate at Oxford University, working at New York University and working with the Clinton Foundation and the Clinton Global Initiative, according to the IAC release. Her business experience consists of stints in her 20s at the consulting firm McKinsey & Company and the hedge fund Avenue Capital.

Mr. Diller, the chief executive of IAC, was a supporter of Ms. Clinton’s father, Bill Clinton, in the 1992 presidential election. He also supported Hillary Rodham Clinton’s presidential campaign.

Emphasis added, but other than that--no comment.