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Judge Orders Tesla Board to Break Attorney-Client Privilege and Share Elon Musk Compensation Documents
Vice-Chancellor Joseph Slights III agreed with the plaintiff shareholders that a conflict of interest existed between Tesla CEO Elon Musk and the compensation committee. For that reason, the company's board of directors was ordered to turn over communications between Musk and two former in-house attorneys regarding the compensation package.
“He’s demanding. Very demanding,” said Nancy Hazely, who worked with Gayton for nearly 20 years before he joined Coca-Cola.
Corporate legal departments that have traditionally targeted more experienced attorneys for job offers may now be more willing to hire recent law school graduates. However, those circumstances may quickly reverse themselves as businesses continue to recover from the pandemic.
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