Entertainment

Elon Musk resigns from Endeavor board

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Elon Musk will step down from Endeavor’s board of directors, the company has announced.

The US talent agency said the billionaire tech entrepreneur’s departure was “not the result of any disagreement” and thanked him for his “meaningful” contributions.

Tesla and SpaceX founder Musk notified Endeavor of his resignation, effective June 30 in March, according to filings from the U.S. Securities and Exchange Commission (SEC).

He became director in May 2021.

We thank Elon Musk for his commitment to Endeavor during our first year as a public company, in which he meaningfully contributed to the long-term strategy and vision. Our look at the future of sport and entertainment.Endeavor’s spokesperson

“We thank Elon Musk for his commitment to Endeavor during our first year as a public company, in which he meaningfully contributed to the long-term strategy and Our vision for the future of sport and entertainment,” Endeavor shared in a statement shared by the US outlet.

“We know he has a lot of requirements and little time, and we appreciate the support he has provided us.”

“Elon Musk has informed us of his resignation from our board of directors, effective June 30, 2022,” the filing states.

“In that regard, the board of directors has approved a reduction in size from eight to seven members subject to and effective upon the effectiveness of Mr. Musk’s resignation.

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

https://www.independent.ie/entertainment/elon-musk-to-resign-from-the-endeavour-board-of-directors-41456355.html Elon Musk resigns from Endeavor board

Fry Electronics Team

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