Tesla today announced it would add two new directors to its board—Kathleen Wilson-Thompson, Executive Vice President and Global Chief Human Resources Officer of Walgreens Boots Alliance and Oracle founder, chairman, and CTO Larry Ellison—to fulfill a $20 million settlement with the Securities and Exchange Commission.
“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,” said Tesla’s Board of Directors in a statement. “In Larry and Kathleen, we have added a preeminent entrepreneur and a human resources leader, both of whom have a passion for sustainable energy.”
Wilson-Thompson previously served as the head of global human resources at Kellog for nearly two decades before joining Walgreens. The executive also currently serves on the board of two U.S.-based manufacturing companies.
Ellison, said to be a “big believer” in Tesla’s mission, previously purchased 3 million shares in the auto and energy company.
Elon Musk agreed to resign as chairman of Tesla and pay a $20 million fine in September over a tweet posted in August suggesting the CEO had secured funding to take over the company at $420 per share.
The new board members officially joined on December 27.