Twitter Investors Vote Against Reelecting Elon Musk Ally to Board

Twitter Investors Vote Against Reelecting Elon Musk Ally to Board
Elon Musk's Twitter profile is seen on a smartphone placed on printed Twitter logos on April 28, 2022. Dado Ruvic/Reuters
|Updated:

Twitter Inc. investors blocked the reelection of an ally of Elon Musk to the board at an annual meeting on Wednesday that avoided the biggest question for the social media company: will it complete a $44 billion sale to the billionaire.

Investors voted against Egon Durban, the co-head of private equity firm Silver Lake, who partnered with Tesla CEO Musk on his abandoned bid to take the electric carmaker private.