By Dana Sanchez
Tesla board member Linda Johnson Rice has asked not to be re-elected when shareholders meet on June 11 for Tesla’s annual general meeting, the company said in a preliminary proxy statement.
Johnson Rice brought extensive media experience to the Tesla board when she joined in 2107. The board had been previously criticized for having directors with ties too close to CEO and founder Elon Musk.
Musk stepped down as chairman in 2018 as part of an agreement to settle a securities-fraud lawsuit filed by the Securities and Exchange Commission.
The SEC charged Musk with lying when he tweeted that he had “funding secured” to take the electric car company private.
Listen to GHOGH with Jamarlin Martin | Episode 22: Angelica Nwandu Jamarlin talks to the founder and CEO of The Shade Room, Angelica Nwandu. They discuss how she built a multi-million dollar media platform and her recent Click here to read entire article