(Reuters) - Tesla Inc’s (TSLA.O) board has named a special committee of three directors to negotiate with Chief Executive Elon Musk on taking the electric car maker private, although it said it was yet to see a firm offer from him.
The committee, made up of Tesla directors Brad Buss, Robyn Denholm and Linda Johnson Rice, will wade into a deal that has puzzled Wall Street since a surprise announcement by Musk on Twitter last week.
The following is a snapshot of the nine members on Tesla’s board.
Member Background
Member since
Elon Musk 2004 Tesla’s Chief Executive Officer and
co-founder. Owns a roughly 20 percent
stake in Tesla. Also serves as CEO of
SpaceX.
Brad Buss 2009 Served as chief financial officer of
solar panel installer SolarCity for
two years before retiring in 2016.
Tesla bought SolarCity that year. Buss
was also CFO of Cypress Semiconductor.
Ira 2007 Founder and managing partner of
Ehrenpreis venture capital firm DBL Partners,
which is an investor in Tesla,
according to its website. Ehrenpreis
bagged the first Model 3 car, having
been the first to put down a deposit,
but later gifted it to Musk.
Antonio 2007 Lead independent director at Tesla
Gracias since 2010. Founder and chief
executive officer of Valor Equity
Partners. In May this year,
influential proxy adviser ISS
recommended that investors vote
against his election to the board and
called him a non-independent director.
Robyn 2014 The first woman to join