Richelle P. Parham

Portrait
Richelle P. Parham, President of Global e-Commerce and Business Development, Universal Music Group

Director Since: March 2018


* Independent


Committees:



  • Compensation Committee

  • Nominating Committee


Other Public Company Directorships:



  • Laboratory Corporation of America Holdings


 



Prior Roles:



  • President of Global e-Commerce and Business Development, Universal Music Group (June 2021-present)

  • Partner and Managing Director, WestRiver Group (2019-2021)

  • General Partner, Camden Partners Holdings, LLC, (2016-2019)

  • Vice President and Chief Marketing Officer, eBay, Inc., (2010-2015)

  • Head, Global Marketing Innovation (2010) and Head, Global Marketing Services (2008-2010) of Visa, Inc.

  • Senior Vice President, Strategy and Enablement, Rapp Worldwide (2007- 2008)

  • Various marketing-related leadership roles, Bronner Slosberg Humphrey, now known as Digitas Inc. (1994-2007)

  • Director at Scripps Network Interactive (2012-2018) and e.l.f. Cosmetics (2018- 2022)


 


Education: Ms. Parham holds multiple degrees from Drexel University.


Key Qualifications & Experience:


Ms. Parham is a seasoned, senior-level executive with more than 25 years of experience in global strategy, marketing and business development. Her insight is valuable to the Board as it guides Best Buy’s growth strategy and efforts to serve an evolving customer base. She has extensive experience in e-Commerce, data-driven decision-making, and understanding consumer needs.



  • Marketing – As Vice President and Chief Marketing Officer of eBay, Inc., Ms. Parham was tasked with transforming the company’s brand reputation. She focused on improving return on investment and new revenue streams, and she helped decrease attrition rates by building out the company’s CRM strategy and better understanding the customer experience.

  • Digital / E-commerce – As President of global e-Commerce and Business Development at UMG, Ms. Parham oversees the global e-Commerce strategy and business development across the company’s iconic labels, publishing company, operating units, and territories. Ms. Parham takes pride in understanding the fundamental needs of digital consumers, rethinking what is possible and executing effectively at scale.

  • Business Operations / Strategy – Ms. Parham has worked at best-in-class corporations such as eBay, Visa, Digitas and Citibank. She has a proven track record of leading high-performing teams and using strategic planning and analytical decision-making to successfully drive key business performance.