• FuckyWucky [none/use name]@hexbear.net
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    4 months ago

    Different article but here:

    The board of directors consisted of a lot of people who had close relationships with Musk:

    Elon Musk.
    
    Antonio Gracias, a member of the compensation committee and friend of Musk’s who has amassed a great deal of wealth from investing in Musk’s companies as far back as PayPal.
    
    James Murdoch, another Musk buddy who vacationed with Musk across the globe.
    Musk’s brother, Kimbal.
    
    Ira Ehrenpreis, one of the members of the compensation committee, acknowledged to the court that his relationship with Elon and Kimbal Musk had “significant influence on his professional career.”
    
    Brad Buss, another member of the compensation committee who “owed 44 percent of his net worth to Musk entities.”
    
    Robyn Denholm, a member of the compensation committee whose compensation as a Tesla board chair was more money than she made from other sources.
    
    Linda Johnson Rice, who appears to have been truly independent.
    
    Steve Jurvetson, who had a prolonged period of absence during this incident and wasn’t considered a major player by the judge.
    

    “Ultimately, the key witnesses said it all — they were there to cooperate with Musk, not negotiate against him,” McCormick wrote.

    • Assian_Candor [comrade/them]@hexbear.netOP
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      4 months ago

      What’s that Linda Johnson Rice person doing lol everyone else is sucking at the teat and here you are just like, no, I must maintain my principles. I have a fiduciary duty to our shareholders!!