In the Margins

Tesla adds two independents to board

July 17, 2017

By Bloomberg

Tesla Inc. moved to diversify a board that some investors have complained is too closely tied to CEO Elon Musk. James Rupert Murdoch, CEO of Twenty-First Century Fox Inc., and Linda Johnson Rice, chairman of Johnson Publishing Co., joined Tesla’s board effective Thursday, according to a filing. Read the original story from Bloomberg.

 

 

Most Read

Top of the Agenda - Compensation
Fund board pay increases in 2023, MPI survey says

Independent mutual fund directors saw an increase in compensation in 2023, on average, although actual compensation levels and percentage adjustments in compensation continue to vary widely ...

10 Things
10 Ways…to improve fund board diversity

Mutual fund directors are increasingly interested in enhancing diversity on their boards. The following practical tips on improving board diversity are derived from discussions with directors, ...