Playboy Inc. (NASDAQ: PLBY) announced the appointment of Jennifer Cabalquinto to its board of directors as an independent director. The appointment fills a vacant seat and restores the board to seven directors with a majority of independent directors, bringing the company into compliance with Nasdaq independent director requirements.

Cabalquinto currently serves as chair of the board of directors of KQED, the San Francisco Bay Area's PBS and NPR affiliate. She also serves on the board of American Century Investments California funds, where she chairs the audit committee. From 2022 to 2024, she served as an independent director and audit committee chair of Sabio Holdings Inc., a publicly traded ad-tech company.

From 2021 to 2023, Cabalquinto served as chief financial officer of 2K, a publishing label of Take-Two Interactive Software Inc. (NASDAQ: TTWO). She previously held the role of chief financial officer at Golden State Warriors Sports LLC from 2013 to 2020, overseeing financial planning and accounting for the organization and its related entities, including the Chase Center development project.

"Jennifer brings a wealth of experience to the Board, having helped run and guide media, entertainment, sports, consumer, and technology-related businesses," said Ben Kohn, Playboy's chief executive officer.

Cabalquinto stated she was "honored to join the Playboy Board at such a dynamic point in the Company's evolution" and looks forward to supporting the board's oversight of strategy and growth.

The information is based on a company press release.