BlackRock voted to replace Tesla’s Elon Musk with independent chairman
NEW YORK — Funds run by BlackRock Inc voted in favor of a recent shareholder proposal that would have required Tesla to replace Elon Musk with an independent chairman.
BlackRock-managed funds voted for a measure requiring the chairman be an independent director, according to BlackRock’s filing with the U.S. Securities and Exchange Commission on Thursday.
The proposal, which was defeated, would not have affected Musk’s standing as Tesla’s chief executive officer.
Autoblog
https://www.autoblog.com/amp/2018/08/31/blackrock-voted-to-replace-elon-musk-tesla-chairman/
Baillie Gifford and Blackrock clash over Tesla | Portfolio Adviser
https://portfolio-adviser.com/baillie-gifford-and-blackrock-clash-over-tesla/