Tesla Adds Directors to Diversify Board Closely Tied to Musk
- James Rupert Murdoch, Linda Johnson Rice add board experience
- Pension funds criticized company’s lack of independent members
Tesla Adds Two Independent Directors to Diversify Board
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Tesla Inc. moved to diversify a board that some investors have complained is too closely tied to Chief Executive Officer Elon Musk, adding two executives from major media companies.
James Rupert Murdoch, the CEO of Twenty-First Century Fox Inc., and Linda Johnson Rice, the chairman of Johnson Publishing Co., joined Tesla’s board effective Thursday, according to a filing. Murdoch is the son of Fox Co-Chairman Rupert Murdoch, and Rice has chaired the publisher of Ebony and Jet magazines since 2010.