Chelsea Clinton's new role as web guru


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Name: Chelsea Clinton. Age: 31. Occupation: PhD student. Qualifications: famous parents.

Meet the new board director at media mogul Barry Diller's IAC/Interactive, the websites company behind The Daily Beast and Mr Diller told shareholders last night that Ms Clinton had been hired as a non-executive director, a role that normally pays around $250,000 in IAC shares.

Ms Clinton is currently combining her doctoral thesis with work at the Clinton Global Initiative, the philanthropic powerhouse founded by her father, the former US president Bill Clinton. She is also on the board of the School of American Ballet, Common Sense Media and the Weill Cornell Medical College.

Mr Diller, a former head of the movie studio Paramount, is one of New York's most powerful media bosses, having built IAC into a trophy internet company. Michael Eisner, the former head of Disney, and Edgar Bronfman Jr, who runs the record label Warner Music, are also on the board.