Elon Musk is resigning from the board of Endeavor
. The company disclosed Musk’s departure in its annual report with the SEC, saying that Musk’s resignation will be effective effective June 30, 2022., will shrink its board from eight members to seven members once he resigns.
“We thank Elon Musk for his commitment to Endeavor through our first year as a public company, in which he contributed meaningfully to our long-term strategy and vision for the future of sports and entertainment,” an Endeavor spokesperson told. “We know he has a lot of demands and little time, and we appreciate the support he provided us.”
Endeavor added that Musk told the company of his decision March 12, and that his resignation “was not the result of any disagreement with the Company on any matter relating to its operations, policies or practices,” which is boilerplate language in such decisions. A source familiar with the move said that given the various companies he runs, he was not expected to stay on the board for the long term, and that his decision was not unexpected.
Musk joined Endeavor’s board in conjunction with its IPO in 2021, marking a rare board appointment outside of the companies he controls. In addition to running Tesla and SpaceX, Musk runs a number of other side projects, including The Boring Company. Musk, who
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Elon Musk challenges Vladimir Putin to single combat on Twitter: 'Stakes are Ukraine'Global leaders around the world have condemned Russia's President Vladimir Putin over his decision to invade Ukraine, but Elon Musk took it one step further: 'I hereby challenge Vladimir Putin to single combat. Stakes are Ukraine,' Musk tweeted .
Read more »
Elon Musk challenges Vladimir Putin to a duelThis one's a little weird, even for a Twitter troll as practiced as Elon Musk.
Read more »
Elon Musk is winning the space war against RussiaUkraine needed help maintaining its internet connectivity in the face of what would be Russian attempts to disrupt Ukraine’s connection with the world. Without missing a beat, SpaceX deployed 40 Starlink satellites within 24 hours of the plea.
Read more »
Round 2: Elon Musk now says he will fight Putin using only his left handElon Musk is in no mood to step back from his personal attack on Vladimir Putin. This time, he says that he will fight Putin using only one hand.
Read more »
Elon Musk confirms a prediction for when humans will go to MarsSpaceX CEO Elon Musk has officially confirmed his prediction for when he thinks humans will finally land on Mars. But it might be too optimistic.
Read more »
Chechen leader warns Elon Musk: Putin will beat 'the hell out of you'Conquering space flight, electrical vehicles, artificial intelligence, and the limits of human consciousness is not enough for Elon Musk. He recently challenged Russian President Vladimir Putin to a high-stakes fight to save the people of Ukraine from Russian invaders.
Read more »