She has been CEO at City National Bank, a subsidiary of the Royal Bank of Canada, since last February.
Prior to that, she served as CEO of J.P. Morgan Private Bank.
Coffey joins former Hearst Magazines chief content officer Joanna Coles, former Procter & Gamble CEO A.G. Lafley, board chairman and former Sony Entertainment CEO Michael Lynton, financial expert and professional independent director Stanley Meresman, G100 founder and CEO Scott Miller, chief technology officer Robert Murphy, co-founder and CEO Evan Spiegel, Glossier head of brand marketing Poppy Thorpe and former McAfee CEO Christopher Young.
Spiegel said in a release, “As a business leader and finance executive, Kelly brings valuable experience and a constructive perspective to the Snap board. We look forward to benefiting from her expertise as we execute on our strategy over the years to come.”
Lynton added, “We look forward to drawing upon Kelly’s deep experience and leadership skills. Kelly will provide new insights and perspectives that complement the board’s existing experiences and backgrounds.”
And Coffey said, “I’m thrilled to join Snap as its team rapidly innovates and builds a sustainable business for the long-term. Snap has substantial opportunities ahead, and I look forward to working with them to realize their vision.”