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The Walgreens executive Kathleen Wilson-Thompson has also been named a director.
Investors worth more than $700 billion are ramping up calls for a Tesla board shakeup — one that goes far beyond what the SEC wants
CtW Investment Group, along with elected officials in three states, are urging Tesla to add even more independent directors to its board than required.
Tesla’s delivery beat ‘does not change the big picture’ in the eyes of skeptical Wall Street analysts
"We doubt that the all hands on deck burst mode for production and deliveries will result in profitability in 3Q," one Wall Street analyst told clients.
As part of his $20 million settlement, Musk has 45 days to vacate his role as chairman of Tesla’s board, which has come under fire in recent months for not exercising enough control over the sometimes-erratic billionaire.
"Once a company has had so many scandals and there are leadership issues, it can get challenging to change that dynamic," Glass Lewis' head of environmental, social, and governance research told Business Insider.
Among the proposals to be considered by investors will be the re-election of three Tesla board members, including CEO Elon Musk's brother, Kimball, which have seen opposition in recent months.
Stockholders will be voting to re-elect three prominent members of Tesla's board of directors at the meeting, all of which have come under fire from major investor groups.
Tesla investors will be voting on the future of three members of the board of directors, all of which have drawn increased scrutiny as Tesla’s struggles to become profitable reach a breaking point. Now, they are facing movements to boot them from their positions.
A Tesla board member was ousted from his venture capital firm amid sexual harassment allegations — now there are calls for him to be booted from...
There is also a movement among several Tesla investors with large stakes in the company to remove independent director Antonia Gracias, as well as CEO Elon Musk’s brother, Kimball Musk, from the board.