Donald Harrison notified SpaceX on November 4 that he was stepping down immediately from his board seat. Harrison concurrently serves as the president of Global Partnerships and Corporate Development at Google. Meanwhile, Alphabet recently bolstered its investment in the venture, increasing its holdings from 551.2 million shares to roughly 555 million shares.
Key points
Google recently expanded its ownership in SpaceX to approximately 555 million shares.: Google recently expanded its ownership in SpaceX to approximately 555 million shares.
Alphabet continues to hold the position of the largest single institutional shareholder i…: Alphabet continues to hold the position of the largest single institutional shareholder in SpaceX.
Donald Harrison will maintain his executive leadership role handling partnerships and cor…: Donald Harrison will maintain his executive leadership role handling partnerships and corporate development at Google.
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Nov 6 : SpaceX disclosed on Friday that Google executive Donald Harrison has resigned from the rockets-to-AI company's board after more than a decade.
Here are some details:
• Harrison notified SpaceX of his resignation on November 4, and it took effect immediately
• The Elon Musk-led company said Harrison's decision to resign was not due to any disagreement with the company on matters relating to its operations, policies or practices
• Harrison, a longtime executive at Google, is currently president of Global Partnerships and Corporate Development. Alphabet is the largest single institutional holder of SpaceX, according to LSEG data
• Google on Friday reported a small increase in its position in SpaceX to about 555 million shares from 551.2 million earlier
Leadership shifts are taking place among the external corporate directors overseeing the private aerospace company. The departure formally ends this executive's active governance role with the organization's governing body. The move represents a notable change in the composition of high-level oversight between major technology and space exploration interests.
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