Upwork Announces Board Refreshment, Adding Strategic Expertise to Support Next Chapter of Growth | UPWK Stock News

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Jun 06, 2025
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  • Upwork (UPWK, Financial) enhances its Board of Directors with strategic new appointments.
  • Dana L. Evan and Glenn Kelman join to bolster AI and enterprise growth focus.
  • Longtime board members Gregory C. Gretsch and Elizabeth Nelson depart.

Upwork Inc. (UPWK), the leading global work marketplace, has announced a significant refresh of its Board of Directors aimed at supporting the company's strategic growth initiatives. Following the company's Annual Meeting on June 5, 2025, two new members, Dana L. Evan and Glenn Kelman, have joined the Board, bringing with them a wealth of expertise in financial strategy and marketplace operations.

Dana L. Evan, formerly the Chief Financial Officer of VeriSign and an active board member at Box and Nextdoor, will serve as Chair of the Audit, Risk and Compliance Committee. Evan will also join the Compensation and Nominating and Governance Committees. Her extensive background in financial leadership and governance is expected to enhance Upwork's strategic focus on scaling public technology companies.

Glenn Kelman, CEO of Redfin, will contribute substantial experience from his role at Redfin, where he has successfully led the company's growth and digital transformation in the real estate sector since 2005. Kelman will serve on Upwork's Compensation Committee, leveraging his experience in leading technology-powered marketplaces.

These appointments coincide with the departure of long-standing board members Gregory C. Gretsch, a founding investor since 2014, and Elizabeth Nelson, who has been with the Board since 2015. Their exit marks a strategic shift, aligning governance with Upwork's ambition to emerge as the preeminent destination for AI talent and enterprise solutions.

Hayden Brown, Upwork's President and CEO, expressed enthusiasm about the new board members, stating, "Glenn and Dana's insights and leadership will drive our next chapter of durable, profitable growth." Thomas Layton, the Board's Chair, also commended the new additions, emphasizing their leadership and domain expertise as invaluable assets to Upwork's ongoing evolution.

With this board refreshment, Upwork signals its intent to strategically align governance with its ambitious goals of expanding enterprise offerings and delivering enhanced work outcomes in the AI-powered work marketplace.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.