Elon Musk reports SEC Strategy Elon Musk

Elon Musk to Resign From Endeavor Board of Directors

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variety.com

Ellise Shafer Elon Musk will resign from Endeavor’s board of directors effective June 30, according to the company’s annual SEC filing.“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,” a spokesperson for Endeavor said in a statement to Variety. “We know he has a lot of demands and little time, and we appreciate the support he provided us.”The SEC report states that Musk notified the talent and media company of his resignation on March 12. “In connection therewith, the board of directors approved reducing its size from eight to seven members subject to and effective upon the effectiveness of Mr.

Musk’s resignation. Mr. Musk’s resignation was not the result of any disagreement with the Company on any matter relating to its operations, policies or practices,” the report reads.

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