Pinterest Settles Ex-COO’s Discrimination Suit For $23M
The social media company Pinterest has settled a gender discrimination lawsuit brought against it by its former Chief Operating Officer (COO) Francoise Brougher this August for a sum of $22.5 million, as noted in a filing to the SEC.
Under the terms of its settlement, Pinterest agreed to pay $20 million to Brougher and her attorneys and further committed $2.5 million to be “used towards advancing women and underrepresented communities in the technology industry”.
The monetary charges from the settlement will reflect in Pinterest’s fourth-quarter financial results for this year. With it, the case will now be dismissed.
Brougher was the Chief Operating Officer of Pinterest between February 2018 and April 2020. In her lawsuit, she alleged gender discrimination by Pinterest after she was ousted from the company. She claimed that Pinterest fired her, in part, for “speaking out about the rampant discrimination, hostile work environment and misogyny that permeates Pinterest.”
Notably, she claimed that while a top executive at Pinterest, was “deliberately misled” about her compensation and earned much lesser than her male executive counterparts.
Now with the case settled for a sizeable sum, Brougher has agreed to drop her suit against Pinterest.
“Pinterest recognizes the importance of fostering a workplace environment that is diverse, equitable and inclusive and will continue its actions to improve its culture,” the company said in a statement.