mo4ch:>Tesla stock surges after carmaker adds Larry Ellison to its board | Mo4ch News
Shares in electric carmaker Tesla jumped 5.6 percent after the company announced that Oracle co-founder Larry Ellison and Walgreens Boots Alliance executive Kathleen Wilson-Thompson will join its board.According to Tesla, both Ellison, listed by Forbes magazine as the fifth wealthiest person in the US, and Wilson-Thompson were added to the board, effective Thursday. Ellison currently serves as executive chairman and chief technology officer of software giant Oracle, which he co-founded more than 40 years ago. Wilson-Thompson heads human resources at Dow component Wallgreens Boots Alliance WBA, the largest pharmacy and health company in the United States.Read more “In conducting a widespread search over the last few months, we sought to add independent directors with skills that would complement the current board's experience,” the company said. “In Larry and Kathleen, we have added a preeminent entrepreneur and a human resources leader, both of whom have a passion for sustainable e…