Linda Johnson Rice, who heads Ebony Magazine publisher Johnson Publishing Co, was the other director named to the board. (http://bit.ly/2vb5oFq)
Earlier this month, the company's investors approved all five of its proposals, including one that shot down a move to make its directors stand for re-election each year.Connecticut Retirement Plans and Trust Funds had urged fellow Tesla shareholders to vote for a proposal aimed at the declassification of the company's board, arguing that "annual accountability can lead to increased company performance."Tesla, led by Elon Musk, has been betting big on its mass-market Model 3, the first deliveries of which are expected to begin next week.Tesla shares were slightly down after the bell on Monday. (Reporting by Rishika Sadam in Bengaluru; Editing by Anil D'Silva)