The carmaker announces the biggest change in its board makeup since Tesla's founding with a late Friday release, when equity markets were closed for Passover and Good Friday.
agreed collectively with the Board and its Nominating and Corporate Governance Committee that each of them will not stand for re-election to the Board at the expiration of their respective current terms,” according to the filing. Terms for Buss and Rice conclude as of the annual shareholder meeting scheduled for June 11, while Jurvetson’s wraps up at next year’s annual meeting.
When complete, the departures would shrink Tesla’s 11-member board to seven people, including Musk and his younger brother Kimbal. In late December, the company added billionaire Larry Ellison and Kathleen Wilson-Thompson, an executive with the Walgreens Boots Alliance, as board members to fulfill a settlement with the SEC over Musk’s tweets about taking the company private. He also lost his position as Tesla board chairman, a position taken over by board member Robyn Denholm.
Jurvetson, a long-time heavyweight in Silicon Valley’s venture capital world as cofounder of Draper Fisher Jurvetson, has been absent from Tesla board meetings since late 2017, when he also left his former investment firm due to a sexual harassment investigation. He was an early investor in Tesla and Musk’s SpaceX, and had told
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Pink Moon set to illuminate the skies on FridayMoon gazers be ready! April's full moon, known as the Pink Moon, is set to premiere on Friday.
Consulte Mais informação »
Japan set to trade higher while other Asian markets remain closed for Good FridayMarkets in Japan, South Korea and China will trade on Friday, while others, including Australia and Hong Kong, will remain closed for Good Friday public holiday.
Consulte Mais informação »
Tesla's Elon Musk, SEC get another week to work out deal on Twitter useTesla Inc Chief Executive Elon Musk and the U.S. Securities and Exchange Commiss...
Consulte Mais informação »
There Will Be a Full 'Pink Moon' on Friday — But What Is It?Full 'Pink Moon' to light up the night sky starting tonight!
Consulte Mais informação »
SEC, Tesla CEO Elon Musk seek one-week delay to resolve contempt motionOn April 4, a federal judge gave Musk and the SEC two weeks to work out their differences, punting a request from the agency to hold him in contempt of court for allegedly violating an October securities fraud settlement. Now they want one more week.
Consulte Mais informação »
Rome readies for Colosseum Good Friday event, led by popeVATICAN CITY (AP) — Rome is busily preparing for the Colosseum Way of the Cross procession, presided over by Pope Francis. Buses and other traffic were being re-routed away from the ancient...
Consulte Mais informação »
Observing Good Friday around the worldThe cultures and traditons of Good Friday around the world.
Consulte Mais informação »
Relic rescued from Notre Dame to get key role at Good Friday processionGood Friday will be marked in the shadow of Notre Dame Cathedral with a procession carrying one of the treasures saved from this week's devastating fire.
Consulte Mais informação »
Tesla earnings: The big question is how big is the quarterly lossQuarterly results could be an ‘outright disaster’ at Tesla amid concerns about margins and demand for the Silicon Valley car maker, which reports April 24...
Consulte Mais informação »