Class of 2020
Laura Franco was recently named the Chief Legal and Compliance Officer at Bumble Inc., a global, social networking platform that operates the top dating apps Bumble and Badoo. Bumble is known for its mantra of safe, healthy and equitable relationships. Blackstone purchased a controlling interest in Bumble in November 2019 and hired a seasoned management team and installed an independent Board of Directors. Laura oversees all legal and compliance matters, risk management and is responsible for matters of public policy and legislation that affects Bumble and its users.
At CBS, Laura was Executive Vice President and General Counsel of CBS Corporation, a publicly traded, Fortune 500 global, mass-media company with television broadcast, cable and digital entertainment properties. As a member of the C-Suite, Laura acted as a senior strategic and legal advisor to the executive management team and the Board of Directors on all major global operations, all material litigation, government investigations and compliance, the strategic evolution of the traditional legacy media business to digital platforms, and all transactions, such as the $30 billion merger with Viacom.
Laura was the senior advisor to the Nominating and Governance Committee of the Board with respect to implementing best-practice compliance procedures in response to the ME TOO reformation, privacy and other public company governance matters. Laura performed a key role in transforming the culture and employee relations function at CBS and worked with the Audit Committee to analyze ways to measure success on reforms and new initiatives. She was a member of the CBS Risk Oversight Committee to evaluate and manage risk related to security data breaches, insurance coverage, privacy, intellectual property content protection and reputational risk. Laura successfully managed bet-the-company litigation as well as Federal and state government investigations.
Prior to becoming General Counsel, Laura was the chief transactional lawyer for the CBS Corporation handling mergers, acquisitions, licensing, distribution, digital and other company-wide transactions, including the IPO of several divisions. Laura served as a Board member of all CBS international joint ventures, overseeing business strategy, business plans, budgets and governance. Laura is a Board member on the New York City Bar Fund which oversees budgets and educational and other programs for the New York City bar.
Laura began her legal career at Simpson Thacher & Bartlett. She is a graduate of the Wharton School of the University of Pennsylvania where she majored in Economics and Accounting and Harvard Law School.
She lives in New York with her husband and their two children.