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Elon Musk

Elon Musk409 posts

Elon Musk is a South-African born Canadian-American engineer, inventor, and entrepreneur, born in 1971. He was a co-founder of PayPal, which was sold to Ebay for $1.5 billion. He then founded Space Exploration Technologies (SpaceX) and Tesla Motors. He is chief executive and chief designer at SpaceX and CEO and head of product design at Tesla and chairman of Solar City. Musk purchased Twitter in September 2022.

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31 Oct, 2022

Musk dissolves Twitter’s board of directors

Board Change0 Comments

SEC filings [doc] show that Musk has dissolved Twitters Board of Directors and has become the company’s sole director.

Item 5.02: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On October 27, 2022, and as a result of the consummation of the Merger, Mr. Musk became the sole director of Twitter. In accordance with the terms of the Merger Agreement, effective as of the effective time of the Merger, the following persons, who were directors of Twitter prior to the effective time of the Merger, are no longer directors of Twitter: Bret Taylor, Parag Agrawal, Omid Kordestani, David Rosenblatt, Martha Lane Fox, Patrick Pichette, Egon Durban, Fei-Fei Li and Mimi Alemayehou.