As Elon Musk, CEO of SpaceX and Tesla, is seeking to buy Twitter, he announced that if his bid succeeds and he takes over ownership of the social media giant, board members will not be paid anything.
Former Twitter CEO and co-founder Jack Dorsey slammed the company’s board of directors in a tweet over the weekend which comes as entrepreneur Elon Musk, the world’s richest man, offered $43 billion to buy the company outright last week.
In spring 2020, state and local governments were confronted with cascading costs in managing the public health response to the pandemic, spiking unemployment, and steep sales tax and user fee revenue declines resulting from business disruption and restrictions.
Conservative investors are becoming shareholder activists to battle what they call the “woke” gender and race policies of America’s corporate boardrooms.