Tesla Inc said on Friday that four members of its eleven-member board would be l...
- Tesla Inc said on Friday that four members of its eleven-member board would be leaving over the next two years, as the electric car company looks to streamline its board.
Brad Buss, Antonio Gracias, Stephen Jurvetson, and Linda Johnson Rice will not be standing for re-election in the upcoming annual meetings of stockholders in 2019 and 2020, the company saidThe company said its directors reviewed the composition of the board “focusing on a phased streamlining of the size of the Board to allow it to operate more nimbly and efficiently.
Gracias has been an independent director at Tesla since 2010. Last May, proxy adviser ISS recommended that investors vote against his election to the board and called him a non-independent director. The proposed changes in the board come a couple of weeks after Elon Musk’s position as the chief executive officer of Tesla was secured after a federal judge urged the billionaire to settle contempt allegations by the U.S. Securities and Exchange Commission over his use of Twitter.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Tesla holdings slashed by T. Rowe Price funds in latest cuts by investorT. Rowe Price funds slashed Tesla Inc holdings in the first quarter, data showed...
Read more »
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...
Read more »
Here are 11 key lines from the Mueller reportThe Justice Department released the redacted version of the report from special counsel Robert Mueller's investigation into Russian meddling in the 2016 election.
Read more »
Democrats defend Omar, rip Trump over 9/11 controversy'He is hoping that for the next 570 days we talk about one or two members of Congress.' DNC Chair Tom Perez says President Trump attacked Rep. Ilhan Omar on Twitter because he wants to distract from real issues like health care.
Read more »
Pelosi says Trump using 9/11 images for 'political attack'WASHINGTON (AP) — President Donald Trump has weighed in on the most recent controversy involving Rep. Ilhan Omar, retweeting video edited to suggest that the Minnesota Democrat was dismissive of the significance of the Sept. 11 attacks.
Read more »
Democrats defend Rep. Ilhan Omar after Trump retweets 9/11 video against herHouse Speaker Nancy Pelosi scolded Trump for using the 'painful images of 9/11 for a political attack' against the first-term Minnesota Democrat.
Read more »
Ilhan Omar hits back at Trump over 9/11 tweet attackUS lawmaker Ilhan Omar says no one 'can threaten' her 'unwavering love for America' after President Donald Trump retweeted video against her.
Read more »