LPL Elects Tech Exec Allison Mnookin to Board

LPL Financial said Allison H. Mnookin has been elected to its board of directors, bringing the number of women on the board to three out of a total of nine slots.

Mnookin, who teaches at Harvard Business School, has two decades of experience as a technology executive. She most recently served as CEO of online-application software maker QuickBase, which was formerly part of Intuit; before that, she held several posts at Intuit, including as general manager of its small-business division — QuickBooks — and at Oracle.

“I am excited to welcome Allison as a director,” according to LPL Board Chairman James Putnam. “She brings to the board an entrepreneurial mindset and a strong understanding of how businesses have transformed their technology from a utility to a strategic asset.”

Also on LPL’s board is Paulett Eberhart, who has served as president and CEO of CDI Corp., a provider of engineering and information technology outsourcing and professional staffing services; HMS Ventures, which focuses on technology services and real estate; and Invensys Process Systems, a process automation company.