Elon Musk, the founder of Tesla will resign from the board of directors of Endeavor Group Holdings, the Hollywood conglomerate whose properties include the William Morris talent agency and Ultimate Fighting Championship.
The company announced his departure in its annual report with the SEC, saying that his resignation will be effective from June 30, 2022.
An Endeavor spokesperson stated, “We thank Elon Musk for his commitment to Endeavor through our first year as a public company, in which he contributed meaningfully to our long-term strategy and vision for the future of sports and entertainment. We know he has a lot of demands and little time, and we appreciate the support he provided us.”
The compay also mentioned that Elon Musk reported his resignation on March 12, and it was not due to any type of argument or disgreement.
Musk is also the founder, CEO, and chief engineer at SpaceX.
