Lara Balazs Joins Frontdoor Board of Directors

Frontdoor, Inc. (NASDAQ: FTDR), the nation’s leading provider of home service plans, today announced that its board unanimously approved the election of Lara Balazs as a director and appointed her as a member of the Nominating and Corporate Governance Committee, effective yesterday, October 24.

“Lara has a deep understanding of consumers, digitally-focused businesses, and strategy that will make her a tremendous asset to our board,” said Bill Cobb, Frontdoor’s Chairman and Chief Executive Officer. “Additionally, she has a strong background in corporate social responsibility such as diversity and inclusion and environmental initiatives. I look forward to working with her and seeing how she will positively impact Frontdoor.”

Balazs currently serves as the Executive Vice President, General Manager, Strategic Partnership Group, and Chief Marketing Officer of Intuit Inc., a global financial technology platform that powers prosperity for consumers and small businesses. Her responsibilities include driving customer growth, building Intuit’s brands, leading strategic partnerships, and delivering Intuit’s corporate social responsibility efforts. She joined Intuit in 2018 as the Chief Marketing Officer and her responsibilities were expanded in 2020.

“I am thrilled to join the Frontdoor board,” Balazs said. “I look forward to working closely with my fellow directors and the company leadership to take this company to the next level and drive customer growth across both the American Home Shield and Frontdoor brands.”

Prior to Intuit, Balazs served at Amazon.com, Inc. from 2017 to 2018 as Vice President, Worldwide Marketing for Prime and North America. From 2006 to 2017, Balazs held various senior leadership roles at Visa, Inc., including responsibility for marketing in North America, global innovation, product marketing, and planning; and global and U.S. general marketing. Prior to 2006, Balazs held a variety of brand and marketing roles for Gap, Inc. and Nike, Inc.

Balazs has been a marketing advisor to the board of Ridge Ventures (venture capital) since 2017. She holds a bachelor’s degree in Society & Justice from the University of Washington, and an MBA from Northwestern University.

Balazs will stand for election at the company’s 2024 annual meeting of stockholders. In addition to her, the Frontdoor board consists of the following directors:

• William C. Cobb - Chairman & CEO
• D. Steve Boland - Member of the nominating and corporate governance committee
• Anna C. Catalano - Chair of the compensation committee
• Peter L. Cella - Member of the audit and compensation committees
• Christopher L. Clipper - Chair of the audit committee
• Balakrishnan A. Ganesh - Elected in July 2023
• Brian P. McAndrews - Lead director and chair of the nominating and corporate governance committee
• Liane J. Pelletier - Member of the audit and compensation committees

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