Former Sequoia Captial managing accomplice Roelof Botha is becoming a member of SpaceX’s board of administrators, lower than every week after the corporate went public within the largest IPO ever.
SpaceX announced the appointment in a submitting with the Securities and Trade Fee on Wednesday. It stated Botha was appointed “to fill the present emptiness on the Board” and that he’ll serve till SpaceX’s subsequent annual shareholder assembly.” He may also be part of the SpaceX board’s audit committee.
Botha “brings in depth public firm expertise together with a deep audit committee background, having served on the boards and audit committees of quite a few public corporations,” SpaceX wrote within the submitting. He stepped down from his function as Sequoia’s chief late final yr.
Botha briefly overlapped with SpaceX founder and CEO Elon Musk at PayPal in 2000. Botha began on the funds firm in March of that yr, in line with his LinkedIn profile. Musk was pushed out as CEO of PayPal in September 200.
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